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by: xpoolPosted on: May 20, 2025

Abraxas Capital Resume Ethereum Accumulation After Dormancy

Following a brief pause in purchases, Abraxas Capital has resumed buying Ethereum, adding 46,295 ETH worth approximately $115.3 million to its holdings. This follows the firm’s recent acquisitions totaling 350,703 ETH, valued at around $837 million, with a purchase average of $2,386 per ETH since May 7th. These latest acquisitions have resulted in an unrealized profit of $50 million.

Related posts:

  1. Abraxas Capital Withdraws Substantial Ethereum Holdings
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  3. Ethereum Rallies: Surpasses $2,400 USDT Threshold
  4. Ethereum Transaction Yields Over 674-Fold Return
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