Avalanche Falls 3.52% in One Hour to $10.20 as Long Liquidations Reach $70,000
Avalanche traded at $10.20 on Binance spot at 6:42 p.m. ET on Sept. 24, down from $10.57 an hour earlier.
Avalanche (AVAX) fell 3.52% in one hour to $10.20 at 6:42 p.m. ET (22:42 UTC) on Sept. 24, extending a sharp short-term decline in the token’s spot price.
The price dropped from $10.57 one hour earlier to $10.20 on Binance’s AVAX/USDT spot market. The figures come from TokenPost’s direct collection and calculation of publicly available exchange prices.
Long liquidations totaled $70,000 across Binance, Bybit and OKX during the same one-hour period, while short liquidations totaled $0. The liquidation figures were compiled from the three exchanges’ publicly available market data.
Avalanche ranked 26th by market capitalization, with its market value listed at approximately $4.64932 billion. No confirmed cause for the move was provided in the available market data.
