$AVAX 24h continues to rise 9.21%, but in just one hour it was smashed from 11.625 down to 11.189, down 3.75%. Trading volume surged to 2.41 times the 24h hourly average—this isn’t a pullback; someone is cashing out from the high ground!
Position value fell to 125 million, down 5.57%. Longs are exiting; the 1-hour active buy/sell ratio is 0.715, 15-minute is 0.66—sell-side orders are one-sided, consistently taking all the liquidity. Funding rate is +0.01% and longs are still paying.
To stop the downtrend, it first needs to reclaim 11.625 from an hour ago. If it can’t hold 24h’s low of 10.242, the exit will likely continue.
#AVAX
Position value fell to 125 million, down 5.57%. Longs are exiting; the 1-hour active buy/sell ratio is 0.715, 15-minute is 0.66—sell-side orders are one-sided, consistently taking all the liquidity. Funding rate is +0.01% and longs are still paying.
To stop the downtrend, it first needs to reclaim 11.625 from an hour ago. If it can’t hold 24h’s low of 10.242, the exit will likely continue.
#AVAX
