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Abraxas Capital deposited 1,000 BTC into Kraken, and may have realized a profit of over $14 million
2025-05-08 08:17

Odaily News According to The Data Nerd, about two hours ago, a wallet belonging to Abraxas Capital Management deposited 1,000 BTC into Kraken, which is equivalent to about $98.92 million at the current price. The address opened a position of this batch of BTC at an average price of $84,713 three weeks ago. If all were sold, it would realize a profit of about $14.21 million. Currently, the address still holds 983 BTC, worth about $97.43 million.