Abraxas Capital Took In About $223 Million of Bitcoin Today. Three transfers from Binance and Kraken landed in a few hours. According to Arkham, Abraxas Capital Mgmt received 842 $BTC from Binance worth $71.01 million, another 816.54 BTC from Binance worth $68.08 million, and 1,000 BTC from Kraken worth $83.77 million. That is 2,658.54 BTC, or about $223 million, in one session. The same desk has sent coins back to Kraken on other days, so this is an active treasury, not a one-way wallet. The timing sits under $84,000 after the long liquidations. Key Details: > 7 minutes ago: 842 BTC, $71.01 million, Binance → Abraxas. > 3 hours ago: 816.54 BTC, $68.08 million, Binance → Abraxas. > 7 hours ago: 1,000 BTC, $83.77 million, Kraken → Abraxas. > Session total: 2,658.54 BTC, about $223 million. $223 million is real size on a down day. It is not ETF creations by itself. If $82,000 holds, this looks like a dip bid. If $81,722 fails, even this flow may not stop the next leg. Abraxas: 2,659 $BTC In Today, About $223M From Binance and Kraken Do you fade a $223 million institutional bid under $84,000, or add with it toward $82,000? #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# $XRP
