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

AVAX

AVAX/USDT

$9.25

+1.43%

$9.25

+1.43%

(24s)

24h Volume

$213,878,120.38

24h H/L

$9.40 / $9.07

Change: $0.3300 (3.64%)

Long/Short

71.1%

Long: 71.1%Short: 28.9%

Funding Rate

-0.0054%

Shorts pay

Data provided by COINOTAG DATALive data

Avalanche

Daily

$9.24

▲ 0.22%

Volume (24h): -

Resistance Levels

Resistance 3$13.2947

Resistance 2$10.246

Resistance 1$9.3367

Price$9.24

Support 1$8.8666

Support 2$8.3109

Support 3$7.55

Pivot (PP):$9.2033

Trend:Downtrend

RSI (14):32.4

**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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