The World Liberty Financial adviser, Ogle, bet on a rising AVAX price following AgriFORCE’s $550 million Avalanche treasury pivot announcement.
Large cryptocurrency investors and a major crypto project adviser have bet millions on price appreciation of the Avalanche smart contract blockchain’s native utility token following the latest corporate treasury announcement and Avalanche exchange-traded fund (ETF) filings.
Popular crypto sleuth and World Liberty Financial (WLFI) adviser, Ogle, opened a $2.2 million long position with 10x leverage, betting on the Avalanche (AVAX) token’s price increase.
The position was opened at an entry price of $33.88 and faces liquidation if the AVAX token falls below $15.50, according to blockchain data platform Lookonchain.