Data: Abraxas Capital purchased a total of 243,000 ETH in the past week, with holdings valued at $561 million
According to ChainCatcher, the investment firm Abraxas Capital has recently been increasing its holdings of ETH by borrowing USDT.
Over the past week, the firm has purchased a total of 243,000 ETH (worth $561 million), pushing its average holding price of ETH from $2,460 to above $2,700, an increase of approximately 10%.
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
Data: Over $35 Billion Flowed into Cryptocurrency Market in the Past Three Weeks
OP Labs: Will Suspend Mainnet Withdrawals of the Superchain Network
Synthetix Proposes $27 Million Acquisition of Derive to Integrate Derivatives Ecosystem
Trending news
MoreCrypto prices
More








