Today, May 12th, 18:30 UTC, APT unlocks 11.31M (community allocation), roughly $12.78M at $1.13. In the 24 hours before the market open, it dropped 1.9%, but over 7 days, it’s still up 17%—this 17% is driven by the $50M ecological commitment from the Aptos Foundation and Labs on May 8th, focusing on AI agents + high-frequency trading.

Looking at the numbers: 71% is staked, out of the 11.31M, only about 3.3M can be sold immediately, roughly $3.7M.
Compared to the $103.6M traded in 24 hours, accounting for 3.6%, technical analysis suggests the market can’t be pushed down.
The real issue is that the 7-day increase is fueled by the “story bonus” of the $50M commitment; the partnership team has not disclosed details, and Decibel’s $1B total transaction volume, corresponding to a $2.9B FDV, can’t sustain the price either.
Unlocking itself isn’t the problem; after the February reform and three months of deflation, APT is still 94% below its all-time high—that’s the real issue.
APT lacks demand, not tightening.
Keep an eye after 18:30 UTC: if it can’t be pushed down, the $50M story has already been priced in; if it drops another 5%+, with 71% staked, the selling pressure will loosen.