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Avalanche (AVAX) drops 3.34% in 24 hours amid $500K long liquidations on Binance and others

Market News
08 Oct 2026
Tokenpost
View Source
Bearish
Avalanche (AVAX) drops 3.34% in 24 hours amid $500K long liquidations on Binance and others

Avalanche (AVAX) experienced a 3.34% decline over 24 hours, falling to $10.68 as of early October 8. The drop included a 3.02% decrease within one hour, with trading prices falling from $11.02 to $10.68. During this period, long liquidations across Binance, Bybit, and OKX totaled $500,000, while no short liquidations were reported. No specific reason for the price drop was identified in the available market data, highlighting potential volatility in the AVAX market.

Avalanche's recent price drop aligns with its current trading status on Pluang, where AVAX is priced at Rp191.810 as of Oct 08, 2026 12:02 WIB. The token shows a 3.11% decrease over the past day, with a market capitalization of Rp86,09 trillion and a 24-hour trading volume of Rp10,8 trillion. On Pluang, buying interest remains strong with 70% of orders as buys, and typical holding periods average 87 days.

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