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by: xpoolPosted on: May 11, 2025

Abraxas Capital Accumulates $399M in Ethereum Amid Price Surge

A significant investment surge in the cryptocurrency market has been fueled by a substantial withdrawal of 185,309 ETH ($399 million) from Abraxas Capital. This move coincided with Ethereum’s price reaching a record high of $2,600, marking a 44% increase over just three days. 185,309 ETH represents a significant portion of the total value tied to this investment firm.

Related posts:

  1. Ethereum Approaches $10,000 as Institutional Buying Fuels Momentum
  2. Abraxas Capital Deploys $75 Million in Ethereum: Signals Institutional Bull Run
  3. Ethereum Price Breaks $2,500 Barrier Fueled by Institutional Investment
  4. Ethereum, XRP, and Bitcoin Remain Top Contenders as MAGACOINFINANCE Emerges on Watchlists
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