🚨 Shocking Alert! Is Bitcoin on the verge of a crash? Giant whale dumps 1000 BTC! 😱📉

Abraxas transfers 191 million to Kraken, market panic intensifies!

Whale Activity

4 hours ago, the Abraxas Capital wallet transferred 1000 BTC (approximately 96.9 million USD) to Kraken exchange, breaking a nearly 3-month silence. Previously, Abraxas accumulated 2983 BTC from a low of 74k between April 15-18, coinciding with a subsequent surge. History shows that their transfers to exchanges often accompany significant market corrections.

Market Signals

Abraxas currently holds 1983 BTC (approximately 191 million USD). This transfer may be for short-term profit-taking or may signal the sale of their entire position. BTC has been continuously rising recently, and the whale's actions indicate a strong risk of correction; investors should remain vigilant.