The Avalanche network is experiencing increasing activity from major investors. This momentum is rekindling speculation around a return of the AVAX token to the symbolic threshold of $30.
Massive inflows fueled by whales
- A 380% increase in net inflows: The observed capital movements show an impressive surge in net inflows to Avalanche, a sign of renewed interest among high-net-worth investors.
- Institutional portfolios in action: The largest holders are actively accumulating AVAX, anticipating a possible market recovery and an increase in the asset's value in the short to medium term.
A return to $30 is becoming plausible
- Supportive technical indicators: Market signals suggest positive momentum. The $30 threshold is being considered as the next target if the upward momentum continues.
- Strengthened Confidence in the Avalanche Ecosystem: The increase in volumes is not merely speculative: it reflects renewed confidence in the network's infrastructure, scalability, and utility.
Opportunities and Risks
Opportunities:
- Whale support can generate a ripple effect in the market
- Encouraging technical levels pave the way for a new bullish trend
Risks:
- High concentration in the hands of large wallets increases volatility
- A rapid reversal in sentiment could lead to a sharp decline
Conclusion
With a dramatic increase in inflows driven by whales, Avalanche is repositioning itself as a solid player in the crypto scene. If this trend continues, a return of the AVAX token to $30 could become a reality. But as always, caution remains necessary given a market so reactive to the movements of its largest players.
