Abraxas Capital transferred 1000 BTC, worth approximately $98.92 million, to CEX 2 hours ago
According to on-chain analyst The Data Nerd, an address related to Abraxas Capital Management transferred 1,000 BTC to a CEX 2 hours ago, valued at approximately $98.92 million.
It is reported that this address purchased the aforementioned BTC about 3 weeks ago at an average entry price of $84,713. If sold entirely, it is expected to yield a profit of approximately $14.21 million. As of now, the address still holds 983 BTC, valued at approximately $97.43 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Polymarket and Kalshi Dominate the Prediction Market, Newcomers Struggle to Survive
Vitalik: If validator sets act maliciously, users may have no recourse
Analysis: Polymarket and Kalshi Dominate the Prediction Market
Vitalik: 51% attacks cannot rewrite blocks, but off-chain trust introduces new risks
Trending news
MoreCrypto prices
More
