📢📢📢📢Abraxas Capital is actively entering the market: over the past three days, the fund has withdrawn 185,309 ETH from exchanges amounting to approximately $399 million.
This coincided with a strong rise in ETH from $1,800 to $2,600 — an increase of more than 44%.
Such aggressive accumulation during an upward trend may indicate the fund's high confidence in further price growth.
Similar actions by large players often point to long-term strategies — whether it's staking, participation in DeFi, or reducing market supply to strengthen bullish momentum.
We continue to monitor the movements of large addresses: such signals do not go unnoticed and have consequences for the dynamics of the entire market.