Abraxas Capital Moves 1,000 Bitcoins Worth $108M to Kraken, Signals Major BTC Transfer
2025-07-06 14:00:44
Main Idea
Abraxas Capital transferred 1,000 bitcoins worth $108.23 million to Kraken, indicating significant activity or portfolio rebalancing.
Key Points
1. Abraxas Capital moved 1,000 bitcoins (worth ~$108.23M) to Kraken on July 6.
2. The transaction was reported by Onchain Lens.
3. Kraken is noted for its security and regulatory compliance.
Description
On July 6, Abraxas Capital executed a significant transfer of 1,000 bitcoins, valued at approximately $108.23 million, to the cryptocurrency exchange Kraken, as reported by Onchain Lens. This sizable movement
$BTC
$108774.5
+0.67%
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