Avalanche (AVAX) crypto is witnessing an outbreak of activities as the network has recorded massive volumes from whales in the ecosystem.
According to data provided by IntoTheBlock, in the last 24 hours, Avalanche whales have transacted 8.66 million AVAX worth $161.4 million.
Avalanche Crypto Whale Transactions Gains Momentum Fuelling Optimism
Notably, this large volume was carried out in 158 transactions in total.
This represents a 249% increase in trade within the timeframe and signals a reawakening of interest in AVAX by holders of the coin in the crypto market.
Remarkably, this massive leap in transactions coincides with a slight price increase in AVAX.
The price of AVAX rose by 0.17% to $18.69 in the last 24 hours. Trading volume also spiked by 13.05% to $283.41 million within the same period.
Analysts say that Avalanche might witness price growth, which could see it reclaim previous heights if support holds.
Within the last seven days, AVAX has maintained a steady 9.08% growth in its price outlook.
Although the coin is still far from its $25 level, which it plummeted to some 30 days ago, it has found support at $18.
This was after it climbed from a low of $15.49 within the last eight days.
Avalanche crypto whales have also carried out 383 transactions worth $226.92 million within the last seven days.
This indicates that the ecosystem is riding on the activities of large holders, and they might trigger a sustained rebound for AVAX.
For clarity, the 383 transactions refer to those with a market value of $100,000 or more. This emphasizes the commitment of these whales to the network.
Institutional Interest and Potential for a Breakout
Meanwhile, it looks likely that AVAX is getting institutional attention, given recent developments in the crypto space.
According to an update by Arkham Intelligence, an on-chain data platform, World Liberty Financial (WLFi), a crypto firm linked to U.S. President Donald Trump, has expressed interest.
Arkham Intelligence noted that WLFi has been investing heavily in cryptocurrencies lately, with over $4 million committed to some assets.
Notably, the entity has spent $2 million each in the purchase of Avalanche’s token and Mantle Network’s token (MNT).
WLFi also set $3.62 million in USDT in a crypto wallet, suggesting that future purchases were being contemplated.
Worth recalling is that Franklin Templeton, a global asset manager, launched its on-chain U.S. Government Money Fund on Avalanche in August 2025. Another signal of growing institutional interest.
Can AVAX Price Reclaim $25?
Analysts have opined that the movement of millions of funds toward Avalanche crypto price might signal broader investment plans regarding the asset.
They may involve some strategic calculations to the prospect of AVAX.
Interestingly, many in the Avalanche community had held high hopes of a price surge following the major upgrade in December 2024.
Notably, Avalanche9000 launched on Dec. 16, and its overall improvement in user experience was anticipated to sustain value.
However, the price has yet to retest the December level despite bullish predictions that AVAX price could soar to $240 in the long term.
Regardless, new predictions suggest that AVAX whales will ignite a rebound journey for the coin to retest $25.
Analysts hinge on the prediction on AVAX’s investors to trade the coin and push it to $20. This could set AVAX price for a breakout.
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