💥BREAKING: ABRAXAS CAPITAL MAKES MASSIVE ETHEREUM PLAY – $400 MILLION PURCHASE IN 3 DAYS!
In a move that’s sending shockwaves through the crypto market, Abraxas Capital has gone all-in on Ethereum (ETH)!
185,309 ETH – that’s how much the firm scooped up in just 72 hours, valued at a jaw-dropping $400 million USD. Analysts are calling this one of the boldest Ethereum accumulation strategies of 2025.
This aggressive buying spree is turning heads across major CEXs and DEXs, with on-chain data pointing to bulk purchases spread across Binance, OKX, Coinbase, Kraken, Bybit, Bitget, Gate.io, KuCoin, MEXC, and LBank.
What’s behind the move? Speculation is swirling:
Upcoming ETH ETF approval?
Anticipated bull market breakout?
Smart money betting on ETH 2.0 dominance?
No matter the reason, one thing’s clear: Abraxas Capital is bullish — BIG TIME.
Keep your eyes on Ethereum. This could be the signal of a major price move ahead.