😔💸 Market Insights: Into the Block reports a concerning statistic, sharing that a staggering 99.5% of AVAX holders are currently facing losses, marking an unprecedented occurrence. This data sheds light on the challenging landscape that some investors are navigating. Additionally, an upcoming event on the 26th (local time) is expected to impact the AVAX market: approximately 9.54 million AVAX, equivalent to 2.77% of the total circulation, is set to be unlocked. The market's response to this unlocking remains to be seen. 📊📉 #AVAXHoldings #MarketSentiment #UnlockEvent