Abraxas Capital has increased its holdings by about 2,949 BTC in the past four days, worth more than $250 million

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PANews
04-19
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PANews reported on April 19 that according to Cointelegraph, London investment firm Abraxas Capital has recently added approximately 2,949 BTC in the past four days, valued at over $250 million. Analysis found that despite continuous accumulation by whales and institutional investors, significant fluctuations among medium-term Bitcoin holders (averaging 3-6 months of holding) have raised concerns about volatility. Analyst Mignolet disclosed data showing that about 170,000 BTC are being transferred out of the group holding for 3-6 months, and the behavior of these short-term holders may indicate that the current calm BTC price will not last long, typically signaling imminent significant fluctuations.

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