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🚨 BREAKING: $6M Whale Activity SHOCK sends Avalanche (AVAX) on rollercoaster ride 🎢 – Will this
bro, these AVAX whales moving more money than i’ve seen in my life… 🐋💸 are we witnessing the rise of a new
This whale activity on Avalanche: a classic example of informed accumulation behavior amidst broader market corrections. Development uptrend signals potential price rebound, with rising smart contracts
**Key Takeaways:**
📉 Avalanche (AVAX) fell 5% in 24 hours, aligning with the broader crypto market correction.
🔄 On-chain activity hints at a potential price rebound, with notable whale transactions indicating informed accumulation behavior.
**Whales on the Move:**
🐋 One whale bought 200,000 AVAX worth $6 million, while another transferred $12 million to a Coinbase wallet, reflecting market strength signals.
**Booming Chain Business:**
💰 AVAX’s trading volume surged by $200 million, with DEX activity contributing 33% of the total daily volume and token liquidity at $3.74 million.
**Upcoming Potential:**
🔥 Development activity is increasing on Avalanche, with a significant rise in smart contracts and a reduction in AVAX supply through burns, hinting at positive future prospects.
Avalanche: Examining the Impact of $6M Whale Activity on AVAX Prices
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