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Abraxas Capital related wallets have withdrawn nearly $250 million in Bitcoin in the past four days

2025-04-19 01:49

Odaily Planet Daily reported that according to Lookonchain monitoring, wallets related to Abraxas Capital withdrew 505 bitcoins (approximately $42.64 million) from Binance within 9 hours. In the past four days, the wallet has withdrawn a total of 2949 bitcoins worth approximately $250 million from the exchange, indicating a continuous trend of whales and institutions increasing their holdings of bitcoins.

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