The cryptocurrency altcoin AVA experienced an increase in whale activity after it was listed on futures by Binance, according to onchain data. Two crypto whales acquired large amounts of AVA following the announcement, with the first purchasing 1.49 million AVA for $350,000 and the second buying $318,000 worth of AVA. AVA, which is a memecoin based on the Solana blockchain, currently has a market value of $223 million. Although AVA has not been listed on any major cryptocurrency exchange besides KuCoin, it has been included in Binance's pre-listing pool, indicating a potential spot market listing in the future. However, memecoins, particularly in the Solana ecosystem, are known for their high risk, as some have been revealed to be pump-and-dump schemes.



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