Update: Abraxas Capital’s 21,999 ETH Bet Pays Off—$1.98M Profit in Hours
Just this morning, Abraxas Capital Management moved 21,999 ETH off Kraken at $1,814, and now, as ETH crosses $1,900, their position is already up $1.98 million.
Meanwhile, Bitcoin has surged back to $99,000, and ETH is reclaiming levels with eerie smoothness. Is this the calm before the storm—or the start of a full-on bull breakout?
The whale’s smart entry is now looking like a masterstroke. Let’s see what they do next.