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Avalanche (AVAX) drops 3.44% in one hour, extending 24-hour loss to 7.58%.

Market News
08 Oct 2026
Tokenpost
View Source
Bearish
Avalanche (AVAX) drops 3.44% in one hour, extending 24-hour loss to 7.58%.

Avalanche (AVAX) experienced a sharp decline of 3.44% within one hour, dropping from $10.63 to $10.26 as of 11:18 a.m. ET on October 8. This decline extended its total loss over the past 24 hours to 7.58%. The price drop was recorded on the Binance spot AVAX/USDT market, with Avalanche ranking 27th by market capitalization at about $4.66 billion. During this period, long liquidations amounted to $800,000 across Binance, Bybit, and OKX, while no short liquidations were reported. This indicates increased selling pressure on AVAX in the short term.

Avalanche (AVAX) is trading at Rp179,979 on Pluang as of October 8, 2026, 22:32 WIB, showing a 1-day decline of 9.27%, which is steeper than the 7.58% loss noted in the article over 24 hours. Its market cap stands at Rp84.39 trillion with a 24-hour volume of Rp9.74 trillion. Despite the recent price drop, Pluang order activity favors buying at 70%, contrasting with the selling pressure highlighted in the article.

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