Abraxas Capital deposited 1000 BTC into Kraken 2 hours ago and still holds 983 BTC

According to The Data Nerd monitoring, two hours ago, a wallet belonging to Abraxas Capital Management deposited 1000 BTC (approximately $98.92 million) into Kraken. The address purchased these BTC at an average price of $84713 three weeks ago, and if all were sold, it would generate a profit of approximately $14.21 million. At present, the address still holds 983 BTC worth approximately 97.43 million US dollars.