Avalanche’s AVAX Plummets 18% Weekly Despite Major Institutional Backing

Avalanche's native token takes a brutal hit as institutional support fails to stem the bleeding.

Market Realities Bite

AVAX defies Wall Street's cheerleading with an 18% nosedive over seven brutal days. The smart contracts platform keeps attracting big-name partnerships while its token price heads in the opposite direction.

Institutional Push Meets Trader Panic

Hedge funds and venture capitalists pour millions into Avalanche's ecosystem development. Meanwhile, retail investors dump positions amid broader market turbulence. The divergence highlights crypto's eternal struggle between fundamentals and sentiment.

Technical Breakdown

Trading volumes spike as stop-losses trigger across major exchanges. The sell-off accelerates through key support levels that institutional buyers supposedly defended. Another reminder that in crypto, liquidity always trumps narrative.

Wall Street's favorite blockchain just got a reality check—turns out you can't institutionalize your way out of a bear market. The suits are learning what crypto natives already know: when leverage unwinds, even the shiniest projects get caught in the crossfire.