Large-scale selling signal? Abraxas Capital suspected of transferring huge funds, attracting market attention!
According to on-chain monitoring, the Abraxas Capital Mgmt associated address (0xEd0...a4312) has frequently made moves in the past 4 hours, suspected of selling a total of $75.39 million in WBTC and ETH. Among them, 200 WBTC (worth about $16.21 million) have flowed to Binance, and 18,500 ETH (about $59.18 million) have been transferred to Bitfinex. Whether this large amount of capital flow indicates a new round of market adjustment signals has attracted much attention.
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