AVAX Bulls Eye $6.90 Breakout Zone Amid Growing Whale Activity
Avalanche's price has been consolidating near its pennant apex at $6.46, but on-chain activity suggests growing confidence among major investors.
Whale accumulation continues to increase across both spot and futures markets, indicating a potential breakout.
Staking data shows that over 43% of the circulating supply has been locked through staking, reducing available market supply and potentially amplifying future price movements.