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.
U.S.-listed altcoin ETFs experienced mostly flat net flows on June 25, with notable outflows concentrated in Solana and Hyperliquid ETFs. Solana's outflows were driven by redemptions in Bitwise’s BSOL fund, while Hyperliquid saw declines in two of it...
On June 23, U.S.-listed XRP spot ETFs saw a $2.05 million net inflow, led by Grayscale’s GXRP, while most other major altcoin spot ETFs recorded flat flows, indicating cautious investor demand. XRP ETFs remain a significant altcoin segment with $1.46...
Audiera (BEAT) surged 40.27% to $2.34, leading the day's gainers thanks to increased interest and new partnerships with major music labels. Meanwhile, LAB fell 15.93% to $13.97, showing volatility despite its large market cap. Other notable moves inc...
A large holder withdrew 238,651 AVAX tokens worth about $1.5 million from Bybit, reducing the amount held on exchanges and suggesting accumulation rather than selling. However, overall exchange data showed a net inflow of AVAX, indicating some trader...
Avalanche is positioning its customizable Layer 1 blockchain platform as a solution for Asian financial institutions seeking dedicated chains with tailored governance and compliance. Targeting markets like Korea, Japan, Singapore, and the UAE, Avalan...
