AVAX One stock dropped by 32%, shareholder sales raised concerns.

AVAX One, a digital asset treasury firm advised by Anthony Scaramucci, has come into the spotlight due to a decline of more than 30% in its shares. The company announced that it has filed to sell up to 74 million shares held by insiders.

The filing allows early investors to re-sell shares that were previously restricted. This situation has raised concerns about stock dilution in the markets. AVAX One's move indicates that publicly traded companies focused on crypto are facing wider pressures, as their shares are trading at significant discounts compared to the value of their assets.

However, the timing and method of selling the registered shares remain uncertain. Investors will continue to closely monitor the potential impacts of any shareholder sales on the market.