At a price of 18.71 USD, AVAX has seen a decrease of 2.13% in the last 24 hours. This downward trend has raised caution among traders, as they assess potential recovery opportunities.
Despite recent turmoil, including the resignation of three board members, large investors are still showing interest. Whale activity indicates a significant accumulation of AVAX, which may signal a potential price reversal.
AVAX’s trading volume has dropped by 38.92%, alongside declining Open Interest, indicating trader hesitation. However, if Bitcoin’s upward trend continues, it could support AVAX’s recovery prospects.
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