Follow Market Developments:
On May 8, according to monitoring from @ai_9684xtpa, it was reported that Abraxas Capital Management just made an important move in the cryptocurrency market. The company withdrew 21,999 ETH, equivalent to about $39,920,000 at a withdrawal price of around $1,814, from Kraken just four hours ago.
Investment Strategy:
This ETH amount was then transferred into Aave and Compound protocols, demonstrating a strategy for optimizing profits through decentralized lending protocols. This is a typical case of using innovative approaches to respond to the dynamics of the market.
Temporary Profit:
Currently, this position has recorded a temporary profit of about $658,000. This move shows agility in leveraging advanced financial tools to maximize profits in the cryptocurrency sector.
Important Statement:
This content is intended to provide market information and does not constitute investment advice. Investors should carefully consider before making decisions.
Source: https://tintucbitcoin.com/abraxas-capital-rut-22k-eth-gui-vao-aave-lai-650k-usd/
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