Finally, in a statement from Avalanche, “TFL received 1.09 million AVAX with a 1-year no-sell restriction. This amount corresponds to 0.5 percent of last week’s AVAX volume. LFG purchased 1.97 million AVAX to use in the Terra reserve network. This is the AVAX from last week. represents 0.9 percent of its volume. LFG has not announced any plans to use AVAX as part of the Terra chain fork.”
The Luna Foundation also announced last week that it has not yet sold AVAX.