The Avalanche Foundation came under fire when data analyst and researcher, Emperor Osmo, pointed to a steady flow of around $180 million flowing from the foundation to Coinbase over the course of six months, implying that the team behind the AVAX token had contributed to its recent downtrend.
Emperor Osmo, who has previous ties to the Osmosis DEX on Cosmos and Artemis Analytics, made the claim via his
the AVAX code It is trading at $9.10 as of writing, down between 44% and 50% over the past year across various price tracking platforms. The picture is worse than the infamous breaking point that occurred on October 10-11, when it was actually trading around $21.
Does Avalanche Foundation sell AVAX tokens?
Emperor Osmo has called for token offloading attempts several times in recent months, though the Avalanche Foundation has not announced any AVAX token sales during that period.
Attempts to verify These on-chain transfer claims did not yield immediate results, and when asked to indicate his source, Emperor Osmo responded: “You know who,” implying a potential whistleblower or at least someone with access to privileged information that cannot easily be publicly verified.
The big claim this time is that the team has sent around $180 million worth of tokens to Coinbase in the past six months, with 104 million tokens in a single transaction. punchline It was delivered several times in interactions with commenters.
Emperor Osmo noted problems with the Avalanche Foundation handling its token without explicitly naming the organization.
On April 8th Share XHe made the rhetorical comment, “Imagine if all NDF were transparent when they were sold.” This post was in response to the headline that the Ethereum Foundation sold 5,000 ETH tokens to support “research and development, grants and donations.”
Ironically, the Ethereum Foundation has also faced criticism in the past for selling in pools, which has since declined since EF unveiled its massive 70,000 ETH DeFi program as an alternative to always selling tokens to meet its financial obligations.
Each pool will be shortened.$avax pic.twitter.com/V42f3JfTM5
— Emperor Osmo 🐂 🎯 (@Flowslikeosmo) April 8, 2026
On April 7, Emperor Osmo added the AVAX cash token to an account Unwanted job Who said: “Every gathering will be shortened.” When pressed for context, he implied that backing the token to maintain its downward trend would be his strategy.
Why is the Avalanche Foundation facing criticism?
One theme that persisted was the lack of transparency in the Foundation’s alleged sales, in contrast to Emperor Osmo’s response to the news of the Ethereum Foundation’s recent token sales.
the Avalanche Foundation It is a non-profit organization dedicated to supporting the long-term goals of the Avalanche Network, and in the organization’s defense, it has relatively lived up to its billing, remaining in the top 25 cryptocurrency tokens by market cap while other OG projects have fallen behind with newer, hotter projects.
network I mentioned It achieved sub-second block times on April 8, based on the recent news of a $40 million second round Retro9000 C-Chain Grant Program He went live.
Pro-establishment commentators also point out The last step By CME Group to add AVAX futures contracts to its regulated cryptocurrency derivatives offerings, pending regulatory review, effective May 4, as evidence of progress.
The Avalanche Foundation has also been integral to advancing Project Avalanche Avalanche Treasure Company deal Crossed the finish line to build corporate AVAX reserves worth over $1 billion.
However, criticism remains among people like Emperor Osmo, who question the project’s long-term viability, especially if the undisclosed token sales they claim continue.
