AXS Token Surges 3% on Binance Amid Whale Accumulation and bAXS Reward Launch

Axie Infinity (AXSUSDT) has seen a 3.03% price increase in the last 24 hours, trading at 2.791 USDT on Binance. The price change is primarily attributed to heightened trading activity following Binance’s announcement of the delisting of AXS/USD perpetual futures contracts, which drove traders to the spot market, as well as strong ecosystem developments including the launch of the bAXS reward token aimed at reducing speculative and bot trading. Additional factors include notable whale accumulation, short position liquidations, and increased interest from South Korean exchanges. Overall, the asset has experienced a significant surge in price and volume, supported by robust bullish momentum and elevated trading volumes across major exchanges.