Abraxas Capital has used its mint money to buy the dip $BTC . 😎 Yesterday, Abraxas Capital minted over 200M $USDT from the wallet address of the Kraken exchange and is the main reason why #Tether had to mint over 1B $USDT on the #ETH network. After a strong market rekt, Abraxas Capital used this money to buy a dip of more than 1K $BTC (115M $USDT) from the #Binance exchange. In total, since the beginning of September, Abraxas Capital has received a total of about 2800 $BTC from the two exchanges #Kraken and #Binance. That is also the reason why they have not had any $USDT hash burn at all, but on the contrary, they are currently the leading entity in minting $USDT on the #ETH network. This further confirms their confidence in identifying the short-term bottom of $BTC.
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