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Avalanche price rallies 20% after report reveals $25M inflows into AVAX investment vehicles -Breaking

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© Reuters.

Avalanche (AVAXAs a result of a recent report revealing millions flowing into AVAX investment products, ), rallied around 20%

The report was written by CoinShares (an institutional crypto fund manager), highlightedAvalanche-based investments vehicles attracted $25 million during the week ended February 21. This was the second largest inflow after the’s (BTC) $89 million.

Source: Bloomberg, CoinShares. Source: Bloomberg and CoinShares
Chart of the price over four hours Source: TradingView
Daily price chart for AVAX/USD Source: TradingView