Abraxas Capital Accumulates Over 180,000 Ethereum in the Past 3 Days

Source
Doohyun Hwang

Summary

  • Abraxas Capital reported withdrawing a total of 185,309 Ethereum (ETH) from exchanges over the past 3 days.
  • During this period, the price of Ethereum surged by 44% from $1,800 to $2,600.
  • Currently, Ethereum is trading at around $2,520 on the Binance Tether market, up about 8% from the previous day.
Photo=Lookonchain
Photo=Lookonchain

Global asset management firm Abraxas Capital continues to accumulate Ethereum (ETH).

According to Lookonchain data on the 10th (local time), Abraxas Capital has withdrawn a total of 185,309 ETH (approximately $399 million) from exchanges over the past 3 days. During the same period, the price of Ethereum surged by 44% from $1,800 to $2,600.

On this day, Ethereum is trading at around $2,520 on the Binance Tether (USDT) market, up about 8% from the previous day.

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Doohyun Hwang

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