Onchain Lens said investment firm Abraxas Capital transferred roughly $223.53 million in crypto assets to multiple exchanges over the past seven hours. The tracked deposits included 2,211 BTC sent to Kraken, valued at about $143.88 million, and 30,825 ETH sent to Binance, worth around $59.2 million. Stablecoin transfers were also part of the activity, including 11.5 million USDC and 690,000 USDT to Binance, 5.89 million USDT to Bitstamp, and 2.365 million USDC to Kraken. During the same period, the firm also withdrew about $26.42 million from exchanges. That outflow included 5,137 ETH, worth around $9.81 million, and $16.61 million in stablecoins withdrawn from Binance. The transfers were reported by ChainCatcher, citing monitoring data from Onchain Lens.
Investment firm Abraxas Capital transferred about $223.53 million in crypto assets to multiple cryptocurrency exchanges over the past seven hours, according to monitoring data cited by ChainCatcher from Onchain Lens.
Assets sent to exchanges
The transfers included 2,211 BTC to Kraken, valued at about $143.88 million, and 30,825 ETH to Binance, worth around $59.2 million.
On the stablecoin side, Abraxas Capital sent 11.5 million USDC and 690,000 USDT to Binance, with a combined value of about $12.19 million. It also moved 5.89 million USDT to Bitstamp and 2.365 million USDC to Kraken.
Withdrawals took place during the same period
Over the same seven-hour window, Abraxas Capital also withdrew about $26.42 million in assets from exchanges. That included 5,137 ETH from Binance, valued at about $9.81 million, along with $16.61 million in stablecoins.
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