Data: Abraxas Capital withdrew 60,000 ETH from Bitfinex, approximately 203 million USD

According to ChainCatcher's message, on-chain analyst Yu Jin monitored that the whale address labeled as Abraxas Capital by Arkham withdrew a total of 60,000 ETH from Bitfinex in the past 15 hours, worth approximately $203 million.

Then, these ETH were deposited into Spark as collateral to mint and borrow 101 million DAI, which was then exchanged on-chain for 101 million USDC and transferred to Binance. It may be used for leveraged investment.