Data: Abraxas Capital transferred 1000 BTC to Kraken 2 hours ago, worth approximately 98.92 million USD

ChainCatcher message, according to on-chain analyst The Data Nerd's monitoring, an address related to Abraxas Capital Management transferred 1000 BTC to Kraken 2 hours ago, worth approximately 98.92 million USD.

It is reported that this address purchased the aforementioned BTC about 3 weeks ago at an average entry price of 84,713 USD. If sold entirely, it is expected to yield a profit of approximately 14.21 million USD. As of now, the address still holds 983 BTC, worth about 97.43 million USD.