Institutional Buyers Steer Aptos Amid Market Downturn

Aptos' APT token fell 4% over a 24-hour period as broader crypto markets retreated, consolidating within a bearish channel marked by declining seller dominance and reduced volume. According to CoinDesk Research's technical analysis model, APT traded between a high of $4.80 and a low of $4.38, with most of the session spent fluctuating around the $4.45 level. The token's decline came amid a broader market downturn, with the Coindesk 20 index down 3.2% during the same period [1].

Technical indicators show APT forming a clear descending channel, with successive lower highs and a series of higher lows between $4.39 and $4.45. Institutional buying activity was noted around the $4.38-$4.41 support range, a critical area that helped stabilize the token after an initial 9% drop from its peak. This support was reinforced by sustained volume during the consolidation phase, with significant buying pressure observed in the final hour of trading, which pushed the price back toward $4.45 [1].

Volume dynamics played a crucial role in the token’s performance. An initial spike in trading activity—reaching 6.6 million units during the 19:00 hour—supported an early rally, but this was followed by a period of consolidation. During the final hour, however, three distinct volume-driven rallies were observed as the price broke out above the $4.41 resistance level. This breakout was supported by strong institutional participation, which could indicate a potential shift in market sentiment [1].

In terms of fundamentals, Aptos recently saw the launch of the EXPO2025 digital wallet, which reported 500,000 new user accounts and 4.4 million transactions. The platform also attracted new DeFi activity as Aave, a prominent lending protocol, launched its services on the Aptos blockchain. This marked Aave’s first deployment on a non-EVM-compatible chain, signaling growing interest in the platform’s ecosystem [1].

Looking ahead, the next key resistance level for APT is identified at $4.50, following a successful breakout above the $4.41 level. Analysts suggest that a sustained move above this threshold could trigger further buying interest, especially if broader market conditions stabilize. However, with sellers currently dominating and volume levels declining after the initial rally, continued caution remains warranted [1].

Source: [1] Aptos' APT Falls 4% as Crypto Markets Retreat (https://www.coindesk.com/markets/2025/08/25/aptos-apt-falls-4-as-crypto-markets-retreat)