- AgriFORCE plans a $550M treasury conversion to AVAX, rebranding as its stock surges over 200% on the major corporate shift.
- AVAX price jumps 10% as a whale nets $900k in profits from a $17.2 million leveraged long position.
Institutional interest in Avalanche’s AVAX token continues to grow. The agricultural technology company AgriFORCE Growing Systems will convert $550 million of its corporate treasury into the token.
Furthermore, the company will change its name to AVAX One, with a long-term goal of accumulating $700 million in AVAX. Investors reacted strongly to the news, sending the company’s stock up more than 200% at the start of the week.
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 corporate move accompanies a 10 percent gain for AVAX over a 24-hour period, placing its price near $34.45. Major market participants are mirroring this confidence with sizable trades.
Financial advisor Ogle, who works with World Liberty Financial, initiated a $2.2 million long position using 10x leverage. Around the same time, a separate entity entered a leveraged long trade worth $17.2 million, which produced paper profits exceeding $900,000 in just hours.
The institutional focus on Avalanche appears to be broadening. Reports indicate the Avalanche Foundation is in discussions to raise a $1 billion fund specifically for purchasing AVAX tokens.
In a separate regulatory filing, an asset management company has applied for approval to launch a spot exchange-traded fund based on Avalanche. Even with these developments, the token’s current price sits 76 percent below its peak of $146, which occurred in November 2021.
Avalanche (AVAX) is trading at $35.21, up 3.86% in the last 24 hours. Over the past week, the token has risen 17.87%, while in the last month it has surged 33.9%. On a six-month horizon, AVAX is up 59.5%, though year-to-date performance remains slightly negative at -1.35%. The token’s market capitalization stands at $14.84 billion, with a daily trading volume of $2.62 billion.
Recent developments have fueled investor confidence. AgriFORCE Growing Systems announced a plan to build a $550 million AVAX treasury, prompting large leveraged bets such as a $2.2 million 10x long position placed by an institutional investor.
Additionally, Anthony Scaramucci’s SkyBridge Capital confirmed investment in Avalanche, citing its versatility as a Layer-1 blockchain with subnet capabilities for custom networks.
Scaramucci is doubling down on Avalanche. After announcing $300M in tokenized hedge funds, @Scaramucci is now the strategic advisor for AVAX One — a $550M AVAX-focused digital asset treasury alongside @HivemindCap. pic.twitter.com/XF05sucSIJ
— Avalanche🔺 (@avax) September 22, 2025
From a technical perspective, AVAX is testing resistance around $36–$37, while support remains near $32–$33. ETHNews analysts suggest that if momentum continues and AVAX closes above resistance, the next targets lie between $42 and $50.
On the downside, a failure to hold $33 could trigger a correction back to $29–$30 before another attempt to move higher.
