AVAX fell 14% in 24 hours despite increased whale activity, breaking key support at $8.05. Over 70% of traders hold short positions, signaling bearish sentiment and expectations of further decline. Total Open Interest has dropped, indicating reduced trader conviction and participation. Without renewed buying momentum, AVAX may continue its downtrend as bears dominate the market.
Major cryptocurrencies experienced significant price declines, with Bitcoin falling 4.25% to $60,761 and Ethereum dropping 9.86% to $1,592. Other notable losses include Binance Coin down 4.74% and Cardano plunging nearly 15%. This broad sell-off refl...
Leading cryptocurrencies like Bitcoin and Ethereum experienced significant price declines, with Bitcoin falling about 6.57% to $66,870 and Ethereum dropping nearly 5% to $1,901.68. This broad market sell-off reflects investor caution and potential pr...
Avalanche's blockchain platform processed over 60,000 ticket transactions for the upcoming FIFA World Cup, increasing transaction volume by 24 times and active addresses by 10 times. FIFA introduced 'Right to Buy' digital tokens on Avalanche, allowin...
