Not sure about this but I doubt it. I think it'd probably need to be awarded in smaller batches to not run into relay tag limits.

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Like 300-500 npub batches or can be more ?

The default max tag size for strfry (popular relay implementation) is 2K https://github.com/hoytech/strfry/blob/master/strfry.conf#L36 but not everyone will be running that config or relay implementation. I think 500 should be fine for most relays.