Abraxas Capital Withdraws 3,931 XAUT Worth $15.97M from CEX

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On-chain data from Lookonchain on July 9 shows that Abraxas Capital Management withdrew 3,931 Tether Gold (XAUT) from a centralized exchange, valued at approximately $15.97 million. This move occurs amid increased scrutiny over exchange security following recent on-chain reports of potential exchange hack attempts. MarsBit reported the transaction, highlighting significant movements in the crypto market.

Huo Xing Finance reports that, on July 9, according to Lookonchain monitoring, Abraxas Capital Management withdrew 3,931 Tether Gold (XAUT) from a trading platform 12 hours ago, valued at approximately $15.97 million.

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