🚨 On October 24, Avalanche🔺 ($AVAX ) is scheduled to release 1.67 million AVAX tokens, worth approximately $16 million.
📊 Key details:
🔹 About 0.4% of the current circulating supply
🔹 The entire unlock comes from the Avalanche Foundation allocation
🔹 Part of Avalanche’s planned long-term vesting schedule
⚠️ Token unlocks can create selling pressure, but they don't automatically mean the price will fall.
👀 Will $AVAX absorb the new supply or face short-term selling pressure?