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Avax-Rally: Institutional investors drive price to record height!
AVAX price on October 7, 2025 at $ 34.42. Increasing demand from institutional investors and technical indicators indicate Bullish trend.
Avax-Rally: Institutional investors drive price to record height!
The AVAX token is currently experiencing a notable price increase and has increased in price by 8% to $34.42 in the last 24 hours. This is part of a larger trend that has seen it rise 17% over the past seven days and 32% over the past month, according to Crypto.news.
In the last 24 hours, a trading volume of $ 2.62 billion has been reached, which corresponds to an increase of 198.8% compared to the previous day. The activities in the derivative trade have also increased; The open interest has grown by 18% to $ 1.77 billion, while the commercial volumes have increased by $ 140% to $ 5 billion. This growth in spot demand and the increased lever suspension indicate an aggressive market alignment.
Institutional investors show interest
An important factor behind the price increase is the growing institutional interest in AVAX. In particular, AgriFORCE Growing Systems Ltd. announced a rebrand to AVAX One on September 22 to raise approximately $550 million, which will be used to acquire over $700 million in AVAX tokens. This attracts the attention of over 50 institutional investors, including well-known companies such as Galaxy Digital and Kraken, who are exploring investing in AVAX.
In addition, large investors, so -called Whales, show active trade behavior. A wallet has opened a long position over 514.906 AVAX worth $ 17.2 million, while another wallet led a 10-fold long position of 66.479 AVAX worth $ 2.2 million.
Technical analysis indicates resistance
Avax's technical analysis shows that the token is near the upper band of his Bollinger Canal at $ 36.80, which acts as a resistance. The relative strength index (RSI) has reached a value of 70.7, which indicates overbought conditions. Nevertheless, the most important sliding average send shopping signals, which shows a clear upward trend.
The immediate level of support for the token is $ 32.40 and $ 29.50. The time for trading in this emerging market seems to be crucial, since buyers and sellers are looking for the best entry and exit points.