AVAX has risen more than 100% in the past 30 days. Two whales have made a total profit of US$7.18 million on AVAX in the past week.

22/11/2023 23:26

The Data Nerd published an article on the X platform stating that recently, blockchain and DeFi solutions have been highly implemented in FX (foreign exchange), including the Avalanche Evergreen subnet. Thanks to the continuous development and current successful use cases of traditional financial giants such as Citi, AVAX has increased by 100.1% in the past 30 days (according to the latest data from CoinGecko), among which two whales have made huge profits by selling AVAX in the past week: - The whale (address starting with 0x400) deposited 449,600 AVAX ($10.61 million) 6 days ago, with a total profit of $4.92 million; - The whale (address starting with 0x867) deposited 292,500 AVAX ($6.34 million) 5 days ago, making a total profit of $2.26 million. Ouyi OKX market shows that AVAX is temporarily trading at 20.007 USDT, with a 24H decline of 3.4%. According to Token Unlocks data, Avalanche (AVAX) will unlock approximately 9.54 million tokens at 8 a.m. on November 24, which is approximately US$190 million based on current prices. It is reported that Citi has recently announced the use of Avalanche to develop a foreign exchange on-chain pricing solution. The project is also part of Project Guardian, a project of the Monetary Authority of Singapore. Citi also leverages the Evergreen subnet to improve capital efficiency, KYC/AML, information confidentiality and post-trade analysis.

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AVAX has risen more than 100% in the past 30 days. Two whales have made a total profit of US$7.18 million on AVAX in the past week.

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