Avalanche – Why AVAX falls to $6.17 despite massiv
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Avalanche – Why AVAX falls to $6.17 despite massive $1.5mln whale withdrawal
Avalanche [AVAX] attracted renewed attention after a whale withdrew 238,651 tokens worth roughly $1.5 million from Bybit, reducing exchange-held supply.
The transaction fueled speculation that large holders had started accumulating during a prolonged downtrend rather than preparing for further selling.
Such withdrawals often reflected a preference for moving assets into private wallets instead of keeping them readily available for trading.
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