$AVAX
Some of the recent news headlines about AVAX are:
SEC Chair Gary Gensler: 'Far Too Many Frauds and Bankruptcies’: The Securities and Exchange Commission chief shared his views on the crypto industry, saying that he supports innovation but also wants to protect investors from scams and risks.
Avalanche Whales Trigger Alarm Bells as AVAX Soars Towards $50: On-chain data has revealed that whale investors have been selling off their holdings after the price hit $40, with $6.8 million worth of AVAX sold in the past week.
Avalanche price faces selling pressure from $213 million AVAX unlock: AVAX tokens, worth around $213.35 million, are set to be unlocked and distributed to strategic partners, founders, team and airdropped to the community. This could create downward pressure on the price.
