🔥 Abraxas Capital's accumulation of $ETH has reached $655 million, resulting in $77 million in unrealized gains. 🚀

Abraxas Capital continues to demonstrate its commitment to the market.

Since May 7, the fund has discreetly withdrawn 278,639 ETH, valued at $655 million, from exchanges at an average price of $2,350, indicating a robust accumulation strategy amidst price volatility.

With ETH currently trading at a higher value, Abraxas now enjoys an unrealized profit of $77 million.

Monitor the wallet: 0xEd0C6079229E2d407672a117c22b62064f4a4312. This action reflects increasing institutional confidence in the long-term potential of #ETH.