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TechFlow news, July 15, according to Lookonchain monitoring, Abraxas Capital recently appears to be selling Bitcoin and buying Ethereum. In the past 3 hours, the institution withdrew 8,153 ETH from Binance and Bybit, worth approximately $15.3 million; simultaneously deposited 618 BTC to Kraken, worth approximately $39.99 million. On-chain movements show its recent capital allocation may be shifting from BTC to ETH.
In the past 3 hours, the institution withdrew 8,153 ETH from Binance and Bybit, worth approximately $15.3 million; meanwhile, it deposited 618 BTC to Kraken, worth approximately $39.99 million.
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