• Avalanche (AVAX) has seen a 189% surge in whale transactions, surpassing Ethereum and signaling renewed institutional interest.
• If AVAX holds above $18, analysts believe a potential breakout could follow, fueled by strong whale momentum and positive market sentiment.

Avalanche (AVAX) is making waves in the crypto market once again, this time driven by a sharp rise in whale activity that’s outpacing even Ethereum (ETH). Over the past 24 hours, AVAX whale transactions have surged by a staggering 189%, according to data from IntoTheBlock.

These large-scale moves, defined as transactions worth $100,000 or more, suggest a flurry of action among institutional investors and high-net-worth individuals.

In comparison, Ethereum whales posted a 114% increase in transaction volume over the same period, while Cardano (ADA) whales saw a 9% decline. The shift in activity points to growing interest in AVAX as a key asset, potentially setting the stage for a bullish reversal despite recent price struggles.

Currently, AVAX is trading at $17.26, reflecting a 3.45% drop in the last 24 hours and a 5.06% decline over the past week. The token has faced notable resistance in its attempt to breach the $20 level, getting rejected at $18.25. However, the recent surge in whale activity could mark a turning point.

Whale movements are often seen as a precursor to significant market shifts. While it’s still unclear whether these transactions are large-scale buys or sells, the intensity of activity alone is drawing attention. In crypto markets, such spikes in high-value transfers often indicate either accumulation or distribution phases—both of which can lead to sharp price moves.

If AVAX can recover and hold firmly above the $18 threshold, analysts believe it may have the momentum to challenge resistance and spark a breakout. The return of whale interest suggests renewed confidence in Avalanche’s ecosystem, especially as the network continues to position itself as a scalable alternative to Ethereum.

Moreover, recent headlines—including Grayscale naming a dedicated Avalanche Trust—have added to AVAX’s credibility among institutional investors. These developments, combined with the current whale momentum, could fuel positive sentiment and a stronger price recovery in the short term.

In a market where sentiment can shift rapidly, all eyes are now on AVAX to see whether this burst of whale activity translates into upward price movement. For traders and investors alike, the coming days could be critical in determining whether Avalanche is gearing up for a significant breakout—or facing another bout of resistance.