According to Foresight News, Abraxas Capital has resumed its accumulation of Ethereum, acquiring 46,295 ETH valued at approximately $115.3 million after a three-day pause. Since May 7, the firm has purchased a total of 350,703 ETH, amounting to around $837 million, with an average price of $2,386 per ETH. The current unrealized profit from these acquisitions stands at $50 million.