AVAXCrash
8,724 views
2 Discussing
Hot
Latest
$AVAX šØ AVAX/USDT Plummets 7% ā Layer 1 Giant Under Pressure! šØ
AVAX is taking a brutal hit today, crashing **-7.06%** to **$21.60** with **$73.9M USDT** in volume ā the kind of sell-off that makes traders sweat! The token tested its **24h low of $21.26** as panic spreads across Layer 1 tokens.
**š Meme Therapy:**
*"AVAX right now: 'I said *scalability*, not *sale-ability*!'"* š„š
**š Bloodbath Stats:**
- **24hr Carnage:** High of $23.86 ā Low of $21.26 (10.9% drop!)
- **RSI at 36** ā Oversold, but in crypto, things can always get worse
**š” Why This Hurts:**
As a top Layer 1, AVAX's pain often signals sector-wide trouble. This could be:
š Massive liquidations
šø Or a buying opportunity for brave souls
**ā ļø Not finanancial Advice, Just Reality:**
When AVAX moves this hard, either wear a helmet or stand back!
#AVAXCrash #Layer1 #Write2Earn #Binance
AVAX is taking a brutal hit today, crashing **-7.06%** to **$21.60** with **$73.9M USDT** in volume ā the kind of sell-off that makes traders sweat! The token tested its **24h low of $21.26** as panic spreads across Layer 1 tokens.
**š Meme Therapy:**
*"AVAX right now: 'I said *scalability*, not *sale-ability*!'"* š„š
**š Bloodbath Stats:**
- **24hr Carnage:** High of $23.86 ā Low of $21.26 (10.9% drop!)
- **RSI at 36** ā Oversold, but in crypto, things can always get worse
**š” Why This Hurts:**
As a top Layer 1, AVAX's pain often signals sector-wide trouble. This could be:
š Massive liquidations
šø Or a buying opportunity for brave souls
**ā ļø Not finanancial Advice, Just Reality:**
When AVAX moves this hard, either wear a helmet or stand back!
#AVAXCrash #Layer1 #Write2Earn #Binance
See original
šØAvalanche Shocked: $400 Million Locked in a Failure and Binance Becomes the Center of Panic!šØ
April 1, 2025 ā The crypto world has been shaken by a bombshell news! šØ On March 28, a critical outage paralyzed a subnet of Avalanche, locking $400 million in AVAX and related tokens for over 18 hours, according to CoinDesk. The price of AVAX plummeted by 5% in two days, dropping to $18, and Binance is now the refuge for traders in the midst of a storm that no one expected! š„
Here are the bare facts: the problem, confirmed by Ava Labs, stemmed from a configuration error in a high-volume DeFi subnet, which halted transactions and shook Avalanche's TVL, which fell by $700 million to $11 billion (DefiLlama). CryptoQuant reports that 9 million AVAX were moved to exchanges in 48 hours, with $130 million in derivative positions liquidated. The team restored the network on March 29, but trust is hanging by a thread. š±
Here are the bare facts: the problem, confirmed by Ava Labs, stemmed from a configuration error in a high-volume DeFi subnet, which halted transactions and shook Avalanche's TVL, which fell by $700 million to $11 billion (DefiLlama). CryptoQuant reports that 9 million AVAX were moved to exchanges in 48 hours, with $130 million in derivative positions liquidated. The team restored the network on March 29, but trust is hanging by a thread. š±
Login to explore more contents