According to reports from Wu, Abraxas Capital is actively accumulating ETH. According to monitoring from Lookonchain, they have withdrawn 185,309 ETH from CEX in the past 3 days, worth approximately 399 million dollars. Meanwhile, the price of ETH has surged from 1,800 dollars to 2,600 dollars, an increase of 44%.
Abraxas Capital Withdraws 185,309 ETH from CEX in Three Days
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