ZachXBT: AVAX's decline may be related to an entity transferring 1.96 million tokens to CEX

BlockBeats news, on June 22, the chain detective ZachXBT posted on his personal channel that the decline of AVAX may be related to an entity transferring 1.96 million tokens (about 54.2 million US dollars) to Coinbase, Binance, and Gate.

According to OKX market data, AVAX fell by 10% in 24 hours and is now quoted at 25 US dollars.