Avalanche Price: AVAX Slips 10% Amid Massive Selloff By An Entity.
Avalanche price noted a slump of more than 10% today, with ZachXBT revealing an entity shifting more than $54 million in AVAX token to multiple crypto exchanges.
The Avalanche price has slipped more than 10% today, prompting market concerns. While the market participants were eagerly waiting for the potential reasons that have triggered the recent AVAX price slump, a popular crypto detective ZachXBT has shared crucial insights.
Notably, according to ZachXBT, an entity has dumped a massive amount of AVAX crypto to exchanges, potentially impacting the Avalanche price.