Abraxas Capital-related wallets have withdrawn nearly $250 million in Bitcoin in the past four days
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Planet Daily News: According to Lookonchain monitoring, wallets associated with Abraxas Capital withdrew 505 bitcoins (approximately $42.64 million) from Binance within 9 hours. Over the past four days, the wallet has cumulatively withdrawn 2,949 bitcoins from exchanges, valued at around $250 million, indicating a continuing trend of large whales and institutions accumulating bitcoin.
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