Avalanche (AVAX) Coin Plummets Over 10% Following Large Transfers to Major Exchanges

Today, one of the largest altcoins in the crypto market, Avalanche, exhibited a significant decline, prompting curiosity about the cause behind this drop. The Avalanche token (AVAX) experienced a drastic fall of over 10% around 05:30 UTC, even as Bitcoin and other cryptocurrencies remained relatively stable. AVAX’s price dropped from $27.48 to $24.56, raising questions