Avalanche (AVAX) experienced a sudden 10% price drop on June 22, attributed to a large transaction by a wallet linked to the transfer of 1.96 million AVAX (worth $54.2 million) to exchanges like Coinbase, Binance, and Gate.io. The wallet also used the THORChain bridge for asset transfers. Cyber investigator ZachXBT suggested these transactions might be related to an attack on the BTCTurk exchange.

Source: https://0xzx.com/2024062416494561579.html