AVAX One Buys 9.38M AVAX; 8B TX Lifts AVAX Price!!

AVAX One Buys 9.38M AVAX; 8B TX Lifts AVAX Price!!

Last week produced two verifiable developments that moved AVAX price behavior: a sizable treasury accumulation by AVAX One and a major on-chain milestone for the Avalanche network. These events supplied concrete bid-side demand and demonstrable usage metrics that helped AVAX hold key technical levels amid wider crypto volatility.

Institutional accumulation: AVAX One’s treasury purchase

Deal details

On November 23, 2025, AVAX One reported adding 9.38 million AVAX to its treasury at an average acquisition price of approximately $11.73 per token, bringing total holdings to roughly 13.8 million AVAX (about $110 million at the time of disclosure). That level of accumulation from a treasury entity is a measurable, non-speculative source of demand.

Impact on price and liquidity

Large, transparent treasury buys like this have two immediate effects. First, they remove a significant amount of circulating supply from active trading — tightening available liquidity. Second, the public disclosure of accumulation often creates a psychological anchor for other investors, reinforcing support zones. Following the disclosure, AVAX traded near the mid-teens and showed greater resilience around the $16 support area, illustrating how deliberate treasury buying can stabilize price during broader sell-offs.

On-chain milestone: Avalanche surpasses 8 billion transactions

Network activity and signal

Avalanche crossing the 8 billion total transaction threshold is a clear, verifiable metric of ecosystem usage. High aggregate transaction counts indicate sustained protocol activity across applications, bridges, and user interactions. While transaction totals alone don’t guarantee price gains, they serve as a hard data point demonstrating utility and adoption trends — factors that traders and institutional allocators monitor alongside balance-sheet moves.

Technical support and short-term price dynamics

The combination of heavy treasury accumulation and rising on-chain activity correlated with AVAX holding support near $16 in intra-week trading. Earlier in the week, AVAX had traded down toward the low teens (around $13.30 in some snapshots), but the two events provided enough bid pressure to compress downside and push toward re-test levels in the high-teens. Volume profiles reported around the time suggested increased bid-side interest at those support bands, consistent with strategic accumulation and heightened network engagement.

What this means for traders and holders

These developments are concrete, non-speculative drivers: a known, large-scale institutional purchase and a measurable on-chain milestone. Together they underpin near-term support zones and give a data-backed rationale for reduced downside risk compared with purely sentiment-driven moves. Traders should continue monitoring further treasury disclosures and rolling transaction metrics to validate whether the trend of accumulation and usage persists.

Conclusion

AVAX’s price action last week was informed by tangible events: AVAX One’s 9.38 million AVAX acquisition and Avalanche surpassing 8 billion transactions. Those items tightened available supply and signaled real network activity, which supported price stability around key technical levels. These are clear, verifiable catalysts for AVAX that go beyond broad speculation and can serve as reference points for future trading decisions.