Avalanche goes downhill, AVAX wipes out nearly 7% value on the day

Avalanche News

Avalanche goes downhill, AVAX wipes out nearly 7% value on the day
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Avalanche (AVAX) wiped out nearly 7% of its value on Saturday, June 22.

Avalanche suffered a decline in its price, erasing 7% value on Saturday.

token hit by correction price decline is related to an alleged hack On-chain analyst ZachXBT said in recent tweets on X that the decline in Avalanche is likely caused by a large deposit exceeding $52 million. The

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