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

AVAX

AVAX/USDT

$7.436

-1.22%

$7.436

-1.22%

(24s)

24h Volume

$193,963,922.11

24h H/L

$7.839 / $7.276

Change: $0.5630 (7.74%)

Long/Short

71.7%

Long: 71.7%Short: 28.3%

Funding Rate

-0.0050%

Shorts pay

Data provided by COINOTAG DATALive data

Avalanche

Daily

$7.436

▼ -0.38%

Volume (24h): -

Resistance Levels

Resistance 3$8.0778

Resistance 2$7.7437

Resistance 1$7.461

Price$7.436

Support 1$7.414

Support 2$7.1043

Support 3$6.5775

Pivot (PP):$7.526

Trend:Sideways

RSI (14):51.8

**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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