AVAX Whales and Their Dangerous Games ๐๐ณ
Our favorite $AVAX is back in the spotlight, but the news isn't exactly rosy.
Over the past 17 hours, a whale with the address 0xb36 has dumped over 250,000 $AVAX roughly $1.02M onto Coinbase.
The latest transaction was just 7 hours ago, and it looks like the fun and games are only just beginning.
Whatโs even more intriguing is that these tokens came from another giant โ wallet 0xe1e, which currently holds a massive 2.2M $AVAX $20M.
Look at how thoughtful he is ๐๐ โ systematically distributing his holdings across various wallets so as not to crash the market all at once.
While market makers keep the crowds busy with meme coins, a truly dangerous game for the downside is starting here.
To everyone in a long position remember, your last line of defense is 8.2. If the price drops below that mark, no one will be able to help you... Itโll be too late for regrets!
