Abraxas Capital Moves $223M in Crypto to Exchanges in 7 Hours
Abraxas Capital moved more than $223 million in crypto assets to exchanges within a seven-hour window, a concentrated round of transfers that has drawn attention from on-chain watchers tracking the London-based asset manager’s wallets. The transfers, totaling in excess of $223 million, were routed to exchanges over a span of roughly seven hours. The compressed timeline, rather than a slow drip across several days, is what set the activity apart for wallet trackers. For related coverage, see Abraxas Capital Boosts BTC, ETH Shorts to $111M: Data.