Approximately 24 hours ago, a total of 8,851 AVAX tokens and 1,396 AAVE tokens were moved from an unknown address beginning with 0xC7E into the Grayscale Avalanche Trust and Grayscale Aave Trust.
The influx of these tokens into Grayscale’s trusts suggests a strategic accumulation by institutional investors, reflecting confidence in the long-term potential of these digital assets.