---
title: "Avalanche Foundation to buy back nearly 2M AVAX sold to Terra in 2022"
url: https://diffcoin.com/avalanche-foundation-to-buy-back-nearly-2m-avax-sold-to-terra-in-2022/
description: "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…"
published: 2024-10-14
updated: 2024-10-14
author: "Mila"
site: "Diffcoin"
---

# 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.

[Source link](https://cointelegraph.com/news/avalanche-repurchase-2-million-avax-terra-luna-foundation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)