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Altcoins & DeFi

Avalanche Rises 9.49% in Four Hours to $8.77 on Binance Spot

Image: TokenPost

TokenPost's spot-market tracking put Avalanche (AVAX) at $8.77 on Binance's AVAX/USDT market at 8:31 a.m. ET Monday (13:31 UTC), up 9.49% in four hours and 7.03% over 24 hours. AVAX stood at $8.01 at 4:31 a.m. ET (09:31 UTC), so the four-hour move added $0.76 per token. Its 9.49% increase over that window was 2.46 percentage points greater than its 7.03% 24-hour gain. Both price changes use TokenPost's collected Binance spot quotes for the same AVAX/USDT pair, making the price reading specific to one exchange rather than a cross-market average. TokenPost's one-hour liquidation aggregation across Binance, Bybit and OKX totaled $230,000. Short positions accounted for $210,000 and long positions for $20,000, leaving short liquidations $190,000 higher than long liquidations. The short-side total was 10.5 times the long-side amount.

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