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Avalanche Falls 4.01% in One Hour to $11.17 as Long Liquidations Hit $650,000
AVAX remained up 8.71% over 24 hours, while $650,000 in long positions were liquidated during the same hour.
Mentioned assets
Avalanche (AVAX) fell 4.01% in one hour to $11.17 at 11:28 a.m. ET (15:28 UTC) Sept. 29, extending a sharp intraday move in the token.
The decline was measured from $11.64 one hour earlier on Binance’s spot AVAX/USDT market. TokenPost’s direct collection of public exchange prices showed AVAX still up 8.71% from its level 24 hours earlier.
Long positions accounted for $650,000 in liquidations across Binance, Bybit and OKX during the same hour. Short liquidations totaled $0.
Avalanche ranked 27th by market capitalization at approximately $4.99123 billion.
