Abraxas Capital Shifts $44 Million in ETH, Stakes 10k on Aave
CryptoNewsTerminal Staff22 Aug, 2024
Abraxas Capital Shifts $44 Million in ETH, Stakes 10k on Aave
Abraxas Capital, a UK-based asset manager, has transferred 17,000 ETH (approximately $44.32 million) from Bitfinex. The substantial movement was picked up by on-chain analyst The Data Nerd. Post-transfer, the address staked 10,000 ETH on Aave, a leading crypto lending platform. This strategic move highlights the firm's continued involvement in the cryptocurrency market.