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Avalanche (AVAX) drops 3.64% in one hour with $800K long liquidations on Binance and others

Market News
02 Oct 2026
Tokenpost
View Source
Bearish
Avalanche (AVAX) drops 3.64% in one hour with $800K long liquidations on Binance and others

Avalanche (AVAX) experienced a sharp price drop of 3.64% within an hour, falling to $10.57 on Binance's AVAX/USDT spot pair. This decline extended its 24-hour loss to 3.75%, with the price previously at $10.97 an hour earlier. During this period, long liquidations across Binance, Bybit, and OKX totaled $800,000, while no short liquidations were recorded. Liquidations happen when leveraged traders fail to meet margin requirements, forcing exchanges to close their positions. No specific reason was given for the sudden price drop.

Avalanche (AVAX) has a market cap of Rp86.29 trillion and a 24-hour trading volume of Rp9.12 trillion on Pluang as of Oct 03, 2026 02:04 WIB. The token's price on Pluang is Rp189,229, down 3.95% in the last day, with a circulating supply of 443.2 million AVAX out of a total 715.7 million. Pluang users show a strong selling bias with 78% sell orders and a typical holding period of 87 days, highlighting active trading amid recent price fluctuations.

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