AVAX Whales Exit as Bearish Trend Deepens
The Essentials at a Glance
- Large AVAX investors (whales) are pulling out significantly – transactions over $1 million have dropped by 95%.
- The market shows clear signs of a bearish (declining) trend.
- Short positions dominate the derivatives market – long positions are increasingly being liquidated.
- The AVAX price recently dropped by over 3%, accompanied by declining trading volume.
Whales Are Leaving the AVAX Market
The Avalanche (AVAX) blockchain is under pressure. Large investors, known as whales, are pulling out. According to data from IntoTheBlock, transactions worth between $1 and $10 million have dropped by a staggering 95%. Even more striking: transactions over $10 million have completely disappeared – a 100% decline.
Smaller whale transactions between $100,000 and $1 million have also fallen by 65%. This development points to declining confidence among institutional investors – a warning signal for the overall market.
Traders Are Betting on Falling Prices
Not only large investors but also many traders are showing skepticism. The AVAX price recently stood at around $20.28. Data from CoinGlass shows that many market participants are focusing on short positions – betting on falling prices.
Notably, short positions are accumulating in the range above $21.39. The cumulative short liquidation leverage stands at $10.25 million – significantly higher than the long positions in the range between $19.80 and $21.39, which amount to only $8.43 million. This indicates that long traders are cautious and avoiding risky bets.
Liquidations Are Increasing
Within 24 hours, AVAX positions worth $290,000 were liquidated – of which $189,000 came from long positions. This means many traders who were betting on rising prices were forced out of the market.
On Binance, the long-to-short ratio is 2.67, but among top traders, it is more balanced at 1.72. This indicates a cautious stance even among experienced market participants.
You should read that too:
-
Asian Slots – The Best Asia-Themed Online Slot GamesReading time: ~ 3 minutes
-
Africa Slots: Best African-Themed Slot Machines
Reading time: ~ 3 minutes
-
Gold Slots – Best Slot Machines With a Gold Theme
Reading time: ~ 3 minutes
-
Low Wagering Casino Bonuses 2025
Reading time: ~ 3 minutes
-
Food and Drink Slots: The Best Slot Games Inspired by Culinary Delights
Reading time: ~ 3 minutes
Market Structure Remains Bearish
Since the beginning of May, AVAX has shown a series of “lower highs” – a classic sign of a downtrend. This means that each new price peak is lower than the previous one. Combined with the retreat of whales and the dominance of short positions, a clear picture emerges: the market structure is bearish.
Trading volume has also fallen by 22% in the past 24 hours. Many traders are apparently staying on the sidelines and avoiding active positions for now.
Our Assessment
If you are invested in AVAX or planning to enter, you should closely monitor current developments. The withdrawal of whales, the increase in short positions, and the rising long liquidations suggest a possible continuation of the downtrend.
In the short term, further selling pressure is to be expected. Whether AVAX stabilizes or continues to decline will also depend on the overall market. For risk-conscious traders, the current environment may offer opportunities – but only with a clear strategy and risk management.
Sources
- IntoTheBlock
- CoinGlass
| Wagering requirements | 35x bonus |
| 35x free spins winnings | |
| Minimum deposit | €20 |
| Maximum bet | €5 |
| Bonus validity | 30 days to claim |
| 14 days to wager / 7 days for free spins |
- There is no maximum bonus amount.
- 10 Free Spins per day over ten (10) days on Gates of Olympus or Book of Ra Deluxe.
| Wagering requirements | 40x bonus |
| 40x free spins winnings | |
| Minimum deposit | 0.0005 BTC |
| Maximum bet | 0.00004 BTC |
| Bonus validity | 30 days after registration |
| 14 days (1st), 7 days (2nd), 1 day (3rd) |
- To get the bonus, enter the bonus code before the deposit.
- Minimum deposit: 0,07 BCH • 0,4 LTC • 233 DOG • 45 XRP • 0,01 ETH • 20 USDT • 69 ADA • 0,05 BNB • 184 TRX • 20 USDC.
- Maximum bet: 0.007 BCH • 0.0009 ETH • 0.04 LTC • 23 DOGE • 2 USDT • 4 XRP • 18 TRX • 7 ADA • 0.005 BNB • 2 USDC • 2 EUR • 2 USD.
- Free spins are provided in batches of 25 per day.
- Free spins are credited on the Gamebeat slots: Max Miner (1st), Book of Elixir (2nd) and Odin’s Tree (3rd).
| 1st deposit | 120% up to $500 + 100 Free Spins |
| 2nd deposit | 100% up to $300 + 100 Free Spins |
| 3rd deposit | 150% up to $500 + 100 Free Spins |
| 4th deposit | 100% up to $300 + 100 Free Spins |
| Wagering requirements | 45x deposit + bonus |
| 40x free spins winnings | |
| Minimum deposit | $10 (1st) |
| $15 (2nd-4th) | |
| Maximum bet | $5 per round |
| Bonus validity | 30 days to claim, 7 days (1st-4th) |
| 7 days for free spins |
- You must complete the registration and verification process, including a valid email or phone number, to qualify for this bonus.
- You must select the desired bonus during the deposit process.
- There is a maximum withdrawal limit of $10 from winnings derived from free spins.
Advertising transparency