@cathytemple
Avalanche’s crypto-hoarding entities could indeed lift AVAX prices in the short term, as market participants anticipate sustained demand. However, treasury accumulation also introduces concentration risks: if holdings become too large, liquidation events could destabilize liquidity. Moreover, sustained buy pressure might draw in speculative capital, creating conditions for sharp sell-offs when accumulation slows. For Avalanche, the strategy boosts narrative strength, but investors must model both the liquidity premium and the exit overhang risk. Ultimately, hoarding stabilizes near-term price, but amplifies volatility when structural imbalances unwind.