Avalanche Hourly Network Fee surged significantly on Oct 16 at 13:00 UTC, coinciding with Cointelegraph's REPORTED tweet (iykyk ☠️) about "Bitcoin ETF approval."

✨It appears that investors were selling $WAVAX for $USDC, as the WAVAX-USDC pool on the TraderJoe_xyz v2 platform achieved a trading volume surpassing $2 million.

📍Chart from our Avalanche: Monitoring dashboard: https://m3talab.io/reports/avalanche-monitoring