Anomalous paleomagnetic data have been found worldwide during the Ediacaran period, giving rise to several non-actualistic hypothesis. In order to get more information about this period, paleomagnetic, magnetic fabric and rock magnetic studies were carried out in the Avellaneda Formation (∼570–560 Ma) from two drill cores of the Alicia quarry in the Olavarría area of the Tandilia System, in the Río de la Plata craton (Argentina). Anisotropy of magnetic susceptibility studies indicate a pre-tectonic origin for the magnetic fabric of this Formation. Rock magnetic studies suggest the presence of magnetite and hematite in different proportions as the main ferromagnetic minerals carrying the remanence. After stepwise thermal demagnetization, two different characteristic remanence directions were obtained for the same unit, one corresponding to the marls (“b1”) of the lower section of the Avellaneda Formation, and the other from the claystones (“b2”) of the upper section of this unit. These results were combined with the remanence directions obtained by Franceschinis et al. (2022) for the same unit at La Cabañita quarry, located 10 km away. This procedure allows the calculation of two paleomagnetic poles for the Avellaneda Formation. The AV1 pole is located at: 2.0° S, 311.1° E, A95: 5.0°, N: 58 while the AV2 pole is at: 3.3° N, 348.9° E, A95: 11.7°, N: 7. These results confirms that the Rio de la Plata craton also presents anomalous paleomagnetic data during the Ediacaran, implying extremely fast movements in very short periods of time. This can be interpreted as evidence of two inertial interchange true polar wander events during this time, as was already proposed by other authors. An alternative possibility suggests a non-actualistic behaviour of the Earth Magnetic Field, switching from axial to equatorial positions, with an intermediate stable position between them. The likelihood and implications of these two hypotheses is discussed.