Ethena (ENA), Aptos (APT) Prices Rebound Ahead of $705M November Token Unlocks: Here’s What to Expect

Over $705.8 million worth of tokens are scheduled for release this November, according to Tokenomist.ai. Among the largest upcoming unlocks are Ethena ENA $0.31 24h volatility: 5.1% Market cap: $2.32 B Vol. 24h: $226.26 M and Aptos APT $3.04 24h volatility: 13.4% Market cap: $2.18 B Vol. 24h: $406.29 M , both showing price recoveries as the broader crypto market rebounds from Tuesday’s $1.7 billion liquidation event.

Ethena’s upcoming unlock, valued at $57.56 million, comes amid renewed investor interest following October’s volatility. The project’s USDe stablecoin briefly depegged on Binance on Oct. 10 during a surge in market activity. The event caused ENA to fall by over 20%, touching lows of $0.34 before Binance acknowledged the issue and announced a $400 million reimbursement fund for affected users.

Binance’s swift response helped restore market confidence, propelling ENA price to a monthly high of $0.52. ENA has gained 8% in the past 24 hours, as investors adjust their derivatives and on-chain positions ahead of the unlock. The rebound suggests traders anticipate limited short-term selling pressure, supported by ENA’s growing adoption in DeFi.

Aptos (APT) and Linea (LINEA) Among This Week’s Major Unlocks

Following Ethena, Aptos is set for a $30.31 million unlock this week, representing about 1.6% of its circulating supply. APT price also saw an 8% recovery in the past 24 hours according to CoinMarketCap data.

Aptos’s market resilience comes despite growing investor caution over fresh supply entering circulation. However, APT’s trading volume declined 25% intraday, reflecting that the rally was driven by few investors executing large trades, rather than a market-wide bullish impact. Without a recovery in market liquidity, Aptos may struggle to absorb downside pressure from the imminent $30 million.

Alongside Aptos and Ethena, Linea ($35.71 million), and LAYER ($5.67 million), are among the largest unlocks for the week. Together, the top 4 largest unlocks account for nearly a third of the $705.8 million in fresh liquidity set to flood the market this week.

Best Wallet to Track and Manage Token Unlocks

As major token unlocks approach, investors are seeking secure and multi-chain storage projects like Best Wallet to manage assets efficiently. The ongoing presale has now surpassed $16.5 million, attracting investors with secure storage and yield optimization features.

Trading at $0.026 per token, prospective investors can acquire BEST tokens via the official Best Wallet website, before the next price tier unlocks.

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