Abraxas Capital withdrew 8,452 ETH from Binance and Bybit over the past five hours, according to monitoring data cited by Lookonchain and published by ChainCatcher. The transfer was valued at about $16 million. The update points to a sizable movement of Ether out of two major centralized exchanges within a short time window. No additional details on the destination addresses or the purpose of the withdrawals were disclosed in the source report.
Abraxas Capital withdrew 8,452 ETH from Binance and Bybit over the past five hours, according to Lookonchain monitoring cited by ChainCatcher. The Ether moved was worth about $16 million.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
