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Avalanche Slides 3.2% in One Hour to $10.77 as Long Liquidations Hit $220,000

Avalanche (AVAX) fell from $11.12 to $10.77 in one hour, with the measurement recorded at 8:29 a.m. ET on Sept. 23.

Mentioned assets
Unmarked metal token resting on an exchange counter / TokenPost.ai / TokenPost.ai
Unmarked metal token resting on an exchange counter / TokenPost.ai / TokenPost.ai

Avalanche (AVAX) fell 3.16% in one hour to $10.77 at 8:29 a.m. ET (12:29 UTC) on Sept. 23, extending a sharp short-term decline in the token.

AVAX was trading at $11.12 one hour earlier before dropping to $10.77 on Binance’s AVAX/USDT spot market. The figures were calculated from exchange prices collected directly by TokenPost.

The same one-hour move triggered $220,000 in long liquidations across Binance, Bybit and OKX. Short liquidations totaled $0 during the period.

Avalanche ranked 24th by market capitalization at approximately $4.89576 billion.

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