cointelegraph

Avalanche Foundation to buy back nearly 2M AVAX sold to Terra in 2022

Avalanche Foundation to buy back nearly 2M AVAX sold to Terra in 2022

In 2022, the Avalanche Foundation sold 1.97 million AVAX worth $100 million at the time to Terra’s foundation before its collapse. It’s now buying it all back for $45.5 million.

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