Avalanche
Why Avalanche is down 1.2% in the last hour
Analysis
Avalanche (AVAX) slipped about 1.2% over the past hour after reports that Binance will delist 12 margin trading pairs at the start of September, including AVAX-related margin pairs. The planned removal can reduce margin-market liquidity and trading activity for AVAX on Binance in the near term, weighing on short-term sentiment.
Contributing Factors (1)
Binance to Delist 12 Margin Pairs at Start of September: SUI, AVAX, LINK Affected
Major cryptocurrency exchange Binance to delist 12 margin pairs, including those of SUI, Avalanche and Chainlink.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.