It is not mentioned enough that the stablecoin supply on-chain reaches its highest level ever again amid pessimism

And that the right altcoins are ready to become a black hole for the new capital entering, and are willing to take on some risks
As usual, choosing assets remains key
🔴 $180 million in AVAX flows to Coinbase over six months; users are asking "Why?"
Avalanche is trading around $9.07, down 3.35% over the past 24 hours, but the weakness in price is only part of the story. On-chain data showing that $180 million AVAX was sent to Coinbase over the past six months raises uncomfortable questions about who is selling and why.
The figure represents about 1.88% of AVAX’s circulating supply, a continuous outflow that some analysts say is one of the main reasons the token struggles to gain sustained upward momentum despite the broader market recovery.
🔸 transfer process totaling $104 million
Concerns grew after reports of a single transfer moving $104 million AVAX to Coinbase all at once. Large transfers to exchanges are typically interpreted as readiness to sell, and moving this amount in a single transaction immediately drew attention.
One community member asked directly about the transaction, writing: "Did they send $104 million in one transaction?", wondering about the size and what it means for the token’s short-term future.
When asked who was behind it, one account replied: "You know who," adding a layer of speculation that the community hasn’t stopped discussing since then.
Some considered the data confirmation of a broader problem facing utility tokens in the current cycle.
One community member argued that the period from 2025 to 2026 was worse than 2019 for serious projects, accusing the dominance of meme coins in drawing attention and capital away from tokens that were building real infrastructure but failed to deliver the price performance that individual investors expected.
They pointed out that AVAX holders who stayed through the dip are in worse shape than those who sold.
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