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Over the past day, a total of approximately $166 million worth of BTC has been sold, as Abraxas Capital continues to reduce its BTC holdings

2026-06-04 01:23

Odaily Planet Daily News According to on-chain analyst Yujin @EmberCN, crypto asset management firm Abraxas Capital has reduced its holdings by a total of 2,469 BTC (approximately $166 million) over the past day or so, at an average price of approximately $67,210.

Among them, the institution transferred 1,469 BTC (approximately $98.45 million) to the Kraken exchange and then withdrew 22,710,000 USDC.