The recent retest at the bottom is likely due to ARC, Virtuals, and Ai16Z—who also held $AVA—being forced to sell their positions to meet leverage requirements as prices tumbled dramatically. A reminder to steer clear of leverage.
The recent retest at the bottom is likely due to ARC, Virtuals, and Ai16Z—who also held $AVA—being forced to sell their positions to meet leverage requirements as prices tumbled dramatically. A reminder to steer clear of leverage.