$270M Cold Wallet Exodus Overshadows AVAX’s $27 Struggle & Toncoin’s $400M Treasury Gamble

BTCC / BTCC Square / coincentral /

Author:

coincentral

Published:

2025-08-04 23:00:33

Crypto whales make their move—while the little fish fight for scraps.

Cold wallets drain $270M as smart money flees

An anonymous vault just shifted nine figures worth of assets, leaving retail traders staring at AVAX’s pathetic $27 support battle and Toncoin’s desperate treasury injection. Guess who’s not getting exit liquidity?

AVAX clings to $27 like a life raft

The ‘Ethereum killer’ can’t even kill its own bear market. Meanwhile, Toncoin’s devs are playing central bankers with a $400M treasury splurge—because nothing says decentralization like a war chest bigger than some national budgets.

The takeaway?

When institutions zig, retail zags… straight into liquidation. Happy trading!

AVAX Faces Pressure at $27 Resistance but Maintains Bullish Setup

According to recent Avalanche (AVAX) technical analysis, the token is up against a tough resistance area at $27. Even after falling 4.7% over the past week, AVAX continues to hold its broader upward trend. Traders watching the charts are seeing a test of patience, not a sign of collapse. Volume levels remain steady, which supports the current consolidation.

Momentum indicators point toward a possible push toward $36, provided AVAX can break through $27 with strong closing support. Despite recent drops, the $23 to $24 support level is holding well. This price range lines up with past breakout zones and gives bulls some room to lean on.

Toncoin Builds Trust Through Treasury Deal and Wallet Rollout

The Toncoin (TON) market outlook has grown more confident after a new infrastructure move. Toncoin secured a $400 million treasury through a PIPE deal in partnership with Kingsway Capital. This setup sends a clear message that institutional players are backing the token and want to support its liquidity and usage.

At the same time, Telegram’s TON Wallet just became available to U.S. users. Now, more than 87 million users can send, stake, and receive Toncoin directly. That’s a huge shift toward easier access, which is key for widespread adoption.

While TON’s price has only moved 2 to 3 percent, the mood among traders is generally positive. Technical signals also suggest cautious strength is building, helping the Toncoin (TON) market outlook hold steady as the project adds more support layers.

Cold Wallet’s $270M Plus Wallet Acquisition Confirms Early Belief

Before it ever listed on an exchange, Cold Wallet pulled off one of the most notable deals of the year: a $270 million acquisition of Plus Wallet. For those who bought in during stage 1 of the presale, this wasn’t just good news, it confirmed the project was serious.

While many presales rely on flashy marketing or vague future plans, Cold Wallet went the other way. It closed a major acquisition with the token still priced at just $0.00942. That price remains today in stage 16, with 134 stages still ahead.

This deal adds real value to the project by bringing in two million users from Plus Wallet, expanding reach, and increasing user utility. More importantly, it shows that Cold Wallet isn’t just preparing to compete, it already is. The project’s approach rewards usage and avoids draining users through fees. Cold Wallet has already raised over $5.5 million so far, giving it added credibility in a crowded market.

For anyone researching the top crypto to buy right now, Cold Wallet offers something concrete: progress, not just potential. Its strategy shows the team’s ability to take real action, not just build hype.

Closing Thoughts

There’s no shortage of ideas in crypto, but very few deliver before listing. Avalanche is holding ground as it battles resistance. Toncoin is adding infrastructure and liquidity through partnerships. But Cold Wallet did something few others attempt, lock in a $270 million acquisition during presale.

That deal speaks volumes. It shows early buyers didn’t just bet on a whitepaper, they supported a project already building. With CWT priced at $0.00942 in stage 16 and a model that prioritizes real user rewards, Cold Wallet is doing more than creating buzz. It’s backing early supporters with actual results.

In crypto, clear progress is rare. Cold Wallet offers it now, not later.