Abraxas Capital deposits $61.19M USDT and 40,000 ETH into Bitfinex and Spark.

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Abraxas Capital deposited 61.19 million USDT into Bitfinex and 40,000 ETH into Spark, totaling approximately $136.36 million. Arkham data confirms the transaction, indicating significant on-chain activity involving ETH. The ETH update underscores substantial on-chain movement as the firm reallocates assets across major platforms. AiCoin reports the transfers occurred within a 24-hour period, with no additional details disclosed.

According to Arkham monitoring, Abraxas Capital deposited 61.19 million USDT into Bitfinex and 40,000 ETH into the Spark protocol, transferring a total of approximately $136.36 million in assets. (Onchain Lens)

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