Conclusion first: APT is up about 7% in a day, while open interest has increased by 13.4%. In the past 24 hours, long liquidations totaled $114,000, and the newly added leverage hasn’t fully stabilized yet.
APT’s current price is about $0.834. Binance and OKX are both up around 7%. The 24-hour high is about $0.843 and the low about $0.750. Prices are rising, and futures positions are expanding as well.
Total holdings across the whole network are about $132 million. Binance increased its positions by 8.8%, OKX by 12.2%, and Hyperliquid by an even larger 19.1%. However, long liquidations are still as high as 114,000; chasing the rally positions is not risk-free.
$APT $BTC
Would you choose to ride APT higher, or would you prefer to wait for a round of leverage to be shaken out first?
Real-time view: https://www.coinboss.com/currencies/APT