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WLFI adviser and whales bet on AVAX amid corporate treasury pivot

World Liberty adviser bets millions as corporate treasuries fuel AVAX rally
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World Liberty Financial (WLFI) adviser Ogle and other large investors have taken significant positions on Avalanche’s AVAX token following AgriFORCE’s corporate treasury announcement. Ogle opened a $2.2 million long position with 10x leverage, entering at $33.88 per AVAX token and facing liquidation if the price drops below $15.5, according to blockchain analytics platform Lookonchain.

The leveraged position coincided with AgriFORCE Growing Systems’ $550 million AVAX treasury pivot, which includes a rebrand to AVAX One and a plan to accumulate $700 million in AVAX tokens over the long term. Shares of the company surged over 200% at the opening of Monday trading following the treasury announcement.

Institutional and whale activity intensifies

Whale investors are also increasing exposure to AVAX. Wallet 0xb2ca opened a 5x leveraged long position worth $17.2 million, generating over $900,000 in unrealized profit within nine hours. The advisory board for the corporate treasury includes prominent figures such as Anthony Scaramucci, founder of SkyBridge Capital, and Brett Tejpaul, head of Coinbase Institutional.

The surge in corporate adoption and investor activity underscores renewed confidence in AVAX as a strategic digital asset, though the token remains 76% below its all-time high of $146 set in November 2021.

Avalanche Foundation and ETF developments

The Avalanche Foundation is reportedly planning a $1 billion crypto treasury to acquire AVAX at discounted prices, with New York-based Hivemind Capital leading a potential $500 million private placement. Additionally, Grayscale filed an updated Form S-1 with the US Securities and Exchange Commission for a spot Avalanche ETF on August 25, highlighting growing institutional interest in AVAX.

The combination of corporate treasury accumulation, whale positions, and ETF filings signals a broadening adoption curve for Avalanche within both retail and institutional markets.

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