On August 12, BlockBeats reported that OnchainLens, an on-chain monitoring service, observed Abraxas Capital transferring XAUT, a tokenized gold asset, to another wallet. The transfer consisted of 101,000 XAUT, valued at about $43.92 million. This was not an isolated move: over the previous three days, Abraxas Capital shifted 254,000 XAUT between two wallets in total, worth approximately $110.46 million. According to OnchainLens, most of the firm's XAUT holdings came from Bitfinex. The wallet cluster related to Abraxas Capital holds 1.3792 million XAUT overall, equivalent to around $600 million. The data appeared in a BlockBeats flash message on August 12, citing OnchainLens as the source. No further details about the destination wallet or the reason for the transfers were provided in the report.
OnchainLens data shows that Abraxas Capital transferred 101,000 XAUT, roughly $43.92 million, to another wallet on August 12. The transaction is part of a three-day series in which the firm moved 254,000 XAUT, about $110.46 million, between two wallets.
Most of Abraxas Capital's XAUT was originally withdrawn from Bitfinex, according to the monitoring data. The broader wallet cluster tied to the firm currently holds 1.3792 million XAUT, worth about $600 million.
BlockBeats carried the update, citing OnchainLens as the source.
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