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

AVAX

AVAX/USDT

$6.131

-4.68%

$6.131

-4.68%

(24s)

24h Volume

$80,504,775.99

24h H/L

$6.453 / $6.04

Change: $0.4130 (6.84%)

Long/Short

68.4%

Long: 68.4%Short: 31.6%

Funding Rate

-0.0060%

Shorts pay

Data provided by COINOTAG DATALive data

Avalanche

Daily

$6.131

▼ -4.01%

Volume (24h): -

Resistance Levels

Resistance 3$6.8115

Resistance 2$6.5452

Resistance 1$6.3023

Price$6.131

Support 1$6.04

Support 2$5.833

Support 3$4.373

Pivot (PP):$6.4203

Trend:Downtrend

RSI (14):39.3

**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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