Abraxas Capital has continued to decrease its Bitcoin holdings, selling 1,469 BTC. According to BlockBeats On-chain Detection, the firm transferred the Bitcoin to a centralized exchange (CEX) and subsequently withdrew 22.71 million USDC.
Over the past day, Abraxas Capital has sold a total of 2,469 BTC at an average price of $67,210. This move reflects ongoing adjustments in the firm's cryptocurrency asset management strategy.
Abraxas Capital Reduces Bitcoin Holdings Amid Market Movements
2026-06-04 01:13:43
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