Nine hours ago, Abraxas Capital deposited 390 WBTC into CEX

According to on-chain analyst @ai_9684xtpa, nine hours ago, an address associated with Abraxas Capital deposited 390 WBTC into CEX at an average price of $43,793 per coin, totaling a value of $17.08 million. If all are sold, it would result in a loss of $756,000. This fund was transferred out from CEX on January 2nd and the cost of transfer was $45,734.