Decrypt - AVAX Slips 2% As Grayscale Dumps Avalanche From Large Cap Fund

in blockchain •  2 years ago 

https://decrypt.co/118564/avax-slips-2-as-grayscale-dumps-avalanche-from-large-cap-fund
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Grayscale sold AVAX to buy Bitcoin, Ethereum, ADA, MATIC, and SOL as part of a routine rebalancing effort.

As a result, AVAX token of the Avalanche network fell about 2% on Friday morning.

The fund now contains 65% Bitcoin, 31% Ethereum, 2% Cardano's ADA, and 1% each of Polygon's MATIC and Solana's SOL.

Are you an AVAX holder too? Follow this news!!

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blockchain horror dump avax slips grayscale avalanche rebalancing
2 years ago by

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