Avalanche (AVAX) Token Unlock Scheduled for August 10 Amid Market Pressure
A $10.8 million token unlock is scheduled for Avalanche (AVAX) on August 10, which could put pressure on the asset's price if recipients choose to sell.
The market often reacts before the actual event as existing holders reduce exposure or new buyers wait for selling to appear.
Avalanche can absorb the supply through staking, subnet activity, institutional tokenization, and application demand remaining strong.