Woofun AI data shows that investment firm Abraxas Capital moved approximately $223.53 million in assets to various cryptocurrency exchanges over a seven-hour period. The inflows included 2,211 BTC valued at $143.88 million sent to Kraken, 30,825 ETH worth $59.2 million transferred to Binance, and 11.5 million USDC and 690,000 USDT transferred to Binance, valued at approximately $12.19 million; 5.89 million USDT transferred to Bitstamp; 2.365 million USDC transferred to Kraken.

Concurrently, the firm withdrew approximately $26.42 million from exchanges, comprising 5,137 ETH and $16.61 million in stablecoins from Binance.