Interest in altcoins continues to grow as major cryptocurrency companies adopt altcoin treasury strategies. This has recently led to a surge in interest in Avalancha (AVAX).
Accordingly, Nasdaq-listed AgriFORCE announced that it will rebrand as AVAX One, targeting $550 million for AVAX reserves.
Following AgriFORCE’s AVAX move, popular crypto detective and World Liberty Financial (WLFI) advisor Ogle opened a large long position in Avalanche.
According to a post by blockchain data platform Lookonchain, Ogle placed a bet on AVAX, opening a $2.2 million long position with 10x leverage.
Accordingly, Ogle opened the position at an entry price of $33.88 and will be liquidated if the AVAX token falls below $15.50.
Besides Ogle, other whales are also targeting AVAX for further gains. Whale wallet “0xb2ca” opened a $17.2 million long position on AVAX with 5x leverage, generating over $900,000 in unrealized profits in nine hours.
AVAX, which has gained 8% in the last 24 hours, continues to trade at $34.6.
Looks like whales are bullish on $AVAX.
0xb2ca opened a 5x long on 514,906 $AVAX($17.2M) 9 hours ago and is already sitting on a $920K unrealized profit.
Meanwhile, ogle (@cryptogle), advisor of @worldlibertyfi, opened a 10x long on 66,479 $AVAX($2.2M) an hour ago.… pic.twitter.com/WoFT1kt0Ik
— Lookonchain (@lookonchain) September 23, 2025
*This is not investment advice.