What changes occurred in the token after the fake Aptos (APT) transactions on Upbit?
Upbit, one of South Korea’s popular cryptocurrency exchanges, fell victim to a fraudulent deposit system. Following this incident, Aptos (APT) transactions on the stock exchange were stopped. An unidentified account was found to have successfully deposited fake APTs into the exchange. However, fake APTs identified as “ClaimAPTGift” were distributed to several wallets. So how was the APT price affected by this situation? What is APT’s technical outlook?
Aptos (APT) chart analysis
APT, which had the wind behind it at $ 4,489, rose to $ 5.37 in a short time. However, the problems that started to appear in Upbit naturally weakened the APT price. The popular coin, which retreated to $ 5,035, managed to catch a good buyer base from this support point and move the price to $ 5.66.
APT, which is traded at $ 5,584 as of the writing of the news, may make a move towards $ 5.77 and $ 5.97 when it breaks $ 5.60 in volume. Both BTC and Aptos ecosystems will play an important role in this process. Staying below $5.60, BTC losing the $26,000 support, or a sector-based FUD news could drop APT to $5.40 – 5.176 – 5.035 and $4.489, respectively.
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