CoinVoice has recently learned that, according to on-chain analyst The Data Nerd, an address related to Abraxas Capital Management transferred 1000 BTC to Kraken 2 hours ago, valued at approximately 98.92 million USD.

It is reported that this address purchased the aforementioned BTC about 3 weeks ago at an average entry price of 84,713 USD; if sold in full, it is expected to yield a profit of about 14.21 million USD. As of now, this address still holds 983 BTC, valued at approximately 97.43 million USD.[Original link]