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Sign InThe Avalanche Foundation is facing intense scrutiny following reports of significant AVAX token transfers to the Coinbase exchange. On-chain analyst 'Emperor Osmo' revealed that approximately $180 million has been moved from the foundation's wallets over the past six months. These large-scale transfers have sparked concerns among investors regarding potential sell-side pressure originating from the foundation itself. Analysts are linking these steady outflows to the recent downtrend observed in the price of the AVAX token. The movement has triggered a wave of fear, uncertainty, and doubt (FUD) within the crypto community, as it may signal a lack of confidence. Market participants are now closely monitoring for any official response to clarify the intent behind these substantial transactions.