Deep Tide TechFlow News, on May 8, according to on-chain analyst The Data Nerd (@OnchainDataNerd), addresses related to Abraxas Capital Management transferred 1,000 BTC to Kraken today, valued at approximately $98.92 million.

It is reported that this address purchased the aforementioned BTC about 3 weeks ago at an average entry price of $84,713. If sold entirely, it is expected to yield a profit of approximately $14.21 million. As of now, the address still holds 983 BTC, valued at approximately $97.43 million.