---
title: "Why did Avalanche drop 0.7% on October 24, 2026?"
language: en
canonical: "https://whycoinmoves.com/en/coins/avalanche-2/2026-10-24"
date: 2026-10-24
---

# Why did Avalanche drop 0.7% on October 24, 2026?

On October 24, 2026 (UTC), AVAX went from about $9.06 to $8.99 (-0.73%) on OKX · USDT, trading between $8.68 and $9.09. For the closed-hour 24h window: AVAX is within a usual day's range. AVAX fell further than this on 13 of the past 29 days. Avalanche moved down, broadly in line with Bitcoin, and most other tracked coins moved the same way. Trading volume was below usual, and the move is within a usual day's range. No recent report about the coin explains it, so the cause is unresolved.

- Day open / close: $9.06 → $8.99 (24 hourly candles, OKX · USDT)
- Day range: $8.68 – $9.09
- Versus Bitcoin: -0.73% / BTC -0.38%; -0.0 pts left after BTC × its hourly beta 1.81
- Versus the past month: 13 of the past 29 days fell further; Closed-hour 24h move -0.73%, 0.3× its prior 30-day median of 2.3%.
- 30-day range: 25.1% below the high · 3.7% above the low; From hourly highs and lows on the same venue
- Other tracked coins: 18 of 23 moved the same way; 4 moved the other way
- 24h volume: 0.3×; of its prior 30-day daily average
- Perpetual swap: funding near zero · open interest falling; OKX perpetual swap AVAX-USDT-SWAP

Computed from OKX · USDT hourly candles for the 24 hours to 25/10/2026, 00:00 UTC.

## Still open

- Whether any project statement, filing or exchange notice explains the day's move; an official Avalanche statement or exchange notice would settle this.
- Whether on-chain or order-book data show a specific driver; exchange or on-chain data covering the period would settle this.

Prices, market readings and reports are shown side by side; timing alone does not show what caused a move.

## Same-day movers · 2026-10-24 (UTC)

- [Irys (IRYS) -47.17%](<https://whycoinmoves.com/en/coins/irys/2026-10-24>)
- [Quantus (QTC) -13.56%](<https://whycoinmoves.com/en/coins/quantus/2026-10-24>)
- [Sui (SUI) -2.28%](<https://whycoinmoves.com/en/coins/sui/2026-10-24>)
- [Ondo (ONDO) -2.17%](<https://whycoinmoves.com/en/coins/ondo-finance/2026-10-24>)
- [Zcash (ZEC) +2.13%](<https://whycoinmoves.com/en/coins/zcash/2026-10-24>)

[Avalanche (AVAX) price and news](<https://whycoinmoves.com/en/coins/avalanche-2>)
[Methods and limitations](<https://whycoinmoves.com/en/methodology>)