Abraxas Capital suspected of selling 1,000 BTC worth $67.49 million

Odaily reported that according to analyst Yujian's monitoring, crypto asset management firm Abraxas Capital is suspected of selling 1,000 BTC worth $67.49 million during the price drop last night. Seven hours ago, it transferred 1,000 BTC to Kraken, and subsequently withdrew 52.72 million stablecoins, including USDC and USDT, from Kraken.