Abraxas Capital Transfers Over $223 Million in Crypto Assets to Exchanges

Abraxas Capital has transferred approximately $223.53 million worth of crypto assets to several cryptocurrency exchanges in the past 7 hours. This includes: 2,211 BTC transferred to Kraken, valued at about $143.88 million; 30,825 ETH transferred to Binance, valued at about $59.2 million; 11.5 million USDC and 690,000 USDT transferred to Binance, valued at about $12.19 million; 5.89 million USDT transferred to Bitstamp; and 2.365 million USDC transferred to Kraken. Meanwhile, Abraxas Capital has withdrawn approximately $26.42 million in assets from exchanges, including the withdrawal of 5,137 ETH (about $9.81 million) and $16.61 million in stablecoins from Binance.

Disclaimer: This content is provided for general branding and informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online events, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets or to use any services. Crypto assets are highly volatile and may result in loss. WEEX services and online events may not be available in all regions and are subject to applicable laws, regulations, and eligibility requirements. You are responsible for ensuring that your use of WEEX services complies with local laws and for carefully assessing the risks before participating in any crypto-related activities.