According to Arkham's monitoring, Grayscale transferred 121,946.439 AVAX to an address starting with 0x35e through four transactions two hours ago, among which:

1. Grayscale Digital Large Cap Fund transferred a total of 117,938 AVAX through two transactions, worth approximately $493.504 million;

2. Grayscale Ex-Ethereum Fund transferred 674.439 AVAX, worth approximately $28,230;

3. Grayscale transferred 3,325 AVAX, worth approximately $139,200.