Abraxas Capital’s Ethereum Buying Spree: Is it Fueling the Rally?

Abraxas Capital has emerged as a significant Ethereum (ETH) buyer, consistently adding to its holdings. Their recent actions involve leveraging decentralized lending platforms like Aave and Binance to secure liquidity for further purchases. This buying spree coincides with growing demand for ETH, pushing prices above $2,500. Read on to learn more about their strategies and the potential impact on the market.