Galaxy Digital Sets Up $30M AVAX Investment Fund with 3-Year Lock-Up & $26M AVAX Fund with 2-Year Lock-Up

AVAX

AVAX/USDT

$8.96

-3.76%

$8.96

-3.76%

(24s)

24h Volume

$228,307,728.27

24h H/L

$9.51 / $8.92

Change: $0.5900 (6.61%)

Long/Short

73.5%

Long: 73.5%Short: 26.5%

Funding Rate

-0.0277%

Shorts pay

Data provided by COINOTAG DATALive data

Avalanche

Daily

$8.96

▼ -4.48%

Volume (24h): -

Resistance Levels

Resistance 3$10.499

Resistance 2$9.8422

Resistance 1$9.211

Price$8.96

Support 1$8.7667

Support 2$8.18

Support 3$7.55

Pivot (PP):$9.1133

Trend:Downtrend

RSI (14):44.2

**Galaxy Digital Establishes Two AVAX Investment Funds**

Galaxy Digital has announced the creation of two sizeable investment funds focusing on Avalanche’s AVAX token. The first fund, amounting to $30 million, comes with a three-year lock-in period. In addition, the firm has introduced a second investment fund valued at $26 million, featuring a two-year lock-in period. This strategic move underscores Galaxy Digital’s confidence in the long-term potential of AVAX and the broader Avalanche ecosystem.

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