Digital Currency

Add as a preferred source on Google

Avalanche's Binance Quote Drops 5.80% While Later Snapshot Shows 10.17% 24-Hour Loss

A later market snapshot put AVAX at $7.50 at 18:04 UTC, with Bitcoin and Ether also lower.

Updated 1 min read
A restrained market graphic compares two Binance spot-price readings for Avalanche. / TokenPost.ai
A restrained market graphic compares two Binance spot-price readings for Avalanche. / TokenPost.ai

Avalanche (AVAX) fell 5.80% on Binance over four hours Saturday, and a later snapshot showed a 10.17% 24-hour loss, steeper than declines in Bitcoin and Ether.

The 1:04 p.m. ET (18:04 UTC) market snapshot put AVAX at $7.50, according to CoinGecko and exchange spot data. Bitcoin (BTC) was down 4.16% at $65,965, while Ether (ETH) was down 4.68% at $1,843.88.

On Binance’s AVAX/USDT spot market, the quote moved from $7.94 at 8:52 a.m. ET (13:52 UTC) to $7.48 at 12:52 p.m. ET (17:52 UTC). That percentage is calculated from the pair’s 8:52 a.m. and 12:52 p.m. ET quotes.

At 18:04 UTC, AVAX’s 24-hour change was -10.17%. That daily reading and Binance’s earlier four-hour comparison cover different time windows.

Across Binance, Bybit and OKX, a separate one-hour liquidation tally showed $10,000 in forced closures of leveraged long positions and $0 in short liquidations. The long positions were bets on higher prices.

Related articles

View all