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AVAX supply shrinks as whales move tokens to private wallets; price stalls below $10.45 resistance.

Market News
27 May 2026
AMBCrypto
View Source
Neutral
pluang ai news

AVAX saw over $35 million withdrawn from exchanges last week, mainly by large holders moving tokens to private wallets, signaling strong holding interest. Despite this, the price remains stuck in a consolidation range between $8.21 and $10.45, with buyers defending support but unable to break resistance. Leveraged trading activity declined, reflecting cautious market sentiment and reduced volatility. If AVAX breaks above $10.45 with increased participation, it could target $12.34, but for now, sideways trading is expected.

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