Abraxas Capital Sells 1,000 BTC, Driving Bitcoin Down

Crypto asset management firm Abraxas Capital likely sold 1,000 BTC ($67.49M) during last night's drop, contributing to BTC's decline. Seven hours ago, they transferred 1,000 BTC ($67.49M) to Kraken, then gradually withdrew $52.72M in stablecoins (USDC+USDT) from Kraken. https://intel.(arkm.com)/explorer/entity/abraxas-capital-heka-funds -------------------------------------------------------------------------- Bitget: Join and you're a VIP! Crypto, US stocks, CFDs—global opportunities all in one place.