99% of all #Axie Infinity (AXS) addresses are in the red

Axie Infinity, one of the top play-to-earn (P2E) blockchain-based games, has witnessed a decline in its native token, AXS, in line with the general market. These losses have resulted in token holders recording significant losses, reaching new highs.

In particular, data by the cryptocurrency analysis platform IntoTheBlock and shared by analyst Ali Martinez on September 1 indicates that 99.54% of AXS addresses are currently in a state of loss. #p2e #axieinfinity