COINOTAG recommends • Exchange signup Trade with pro tools Fast execution, robust charts, clean risk 0 account → AVAX price fell ~5% in 24 hours amid a broad market pullback, but rising on-chain volume, whale accumulation and growing development activity on Avalanche suggest a potential reversal if key technical support near the 0.75 Fib and the 200 EMA 1 accumulated ~200K AVAX and moved $12M to an exchange wallet On-chain volume rose by $200 million, with DEX trades ≈33% of daily volume Smart contract count tripled year-over-year; total burned AVAX reached 4.8M AVAX price: Avalanche dips 5% as whales buy in; monitor on-chain volume and 200 EMA for reversal—read the latest on-chain data and trading 2 is driving the AVAX price drop?
AVAX price fell roughly 5% in the last 24 hours as the broader crypto market corrected following recent bullish momentum. Short-term selling pressure coincided with profit-taking, while elevated on-chain buying suggests informed accumulation beneath key technical 3 significant is whale activity on Avalanche? Blockchain analytics show a large whale purchase of about 200,000 AVAX (~$6 million) in 24 hours and a separate transfer of roughly $12 million to a Coinbase 4 moves indicate accumulation and potential liquidity rotation.). Avalanche (AVAX) has seen heightened on-chain engagement despite the price 5 the past day, AVAX dropped 5%, extending a weekly decline near 7%.
However, the pullback coincided with strong buy-ins that often mark the start of trend reversals when paired with rising 6 is on-chain activity rising for Avalanche? On-chain metrics show a $200 million increase in trading volume, pushing cumulative daily volume past significant 7 exchange (DEX) trades accounted for approximately 33% of the total daily volume, highlighting retail and protocol-level participation.). What development signals support a bullish outlook? Development activity is climbing: the number of smart contracts in Avalanche’s ecosystem has more than tripled year-over-year to over 44 million cumulative 8 total burned AVAX hit 4.8 million, with an average burn of ~1,250 tokens per day since mid-July, tightening 9 AVAX price reverse and how can traders watch it?
Technically, AVAX broke a narrowing rising wedge and fell below the 200 EMA on the four-hour 10 is stabilizing near the 0.75 Fibonacci retracement level—often a zone for 11 the 200 EMA would strengthen a bullish case; failure could lead to a retest of $26 and the recent $22–$26 12 should monitor: 1) reclaim of the 200 EMA, 2) sustained DEX share above ~30%, 3) continued whale accumulation and net burn trends. A blockchain analyst at COINOTAG notes that coordinated on-chain and technical signals increase the probability of a meaningful 13 could investors interpret the current data? Short-term traders may view the 0.75 Fib zone as a tactical long opportunity with tight risk management, while longer-term investors should weigh growing development activity and supply burns as constructive fundamentals for Avalanche’s ecosystem 14 Asked Questions Is AVAX price likely to recover soon?
Possible—if AVAX reclaims the 200 EMA and on-chain volume remains elevated, a reversal is 15 whale accumulation and Fib support for confirmation within the next 1–2 16 much did whales buy and where was the liquidity moved? Arkham data indicated a whale purchased ~200,000 AVAX (~$6M) and another transfer of about $12M was moved into a Coinbase 17 actions signal both accumulation and exchange liquidity 18 on-chain metrics matter most for AVAX? Key metrics include daily trading volume, DEX share of volume, burn rate, smart contract growth, and large transfer patterns. Combined, they give a clearer picture of demand and network 19 Takeaways Price action : AVAX slipped ~5% in 24 hours amid a market correction.
On-chain strength : $200M uptick in volume and DEX trades ≈33% of total 20 to watch : 200 EMA reclamation, continued whale buys, and burn rate 21 AVAX price pulled back through technical support but rising on-chain volume, whale accumulation and growing development activity point to an improving fundamental 22 the 200 EMA and Fib support for reversal confirmation; COINOTAG will update its coverage as fresh data 23 to watch AVAX for a potential reversal Check if AVAX reclaims the 200 EMA on the 4-hour 24 DEX volume share remains near or above 30% and total volume stays 25 whale transfers and net burn to confirm sustained demand and reduced 26 a stop-loss below the $22–$26 range if entering long on a 27 recommends • Exchange signup Clear control for futures Sizing, stops, and scenario planning 28 futures account →
Story Tags

Latest news and analysis from CoinOtag