On April 9, reports revealed that the Avalanche team transferred a significant amount of AVAX tokens—worth nearly $180 million—to centralized exchanges (CEXs) over the past six months. Data from BlockBeats on-chain tracking shows that this accounts for roughly 1.88% of the total circulating supply.

At current market prices, this portion of the supply is now valued at approximately $73 million, highlighting a notable shift in token movement that could attract market attention.

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