Hupzy (Spot On Chain)|7ๆ 17, 2026 12:15
๐จ Abraxas Capital has withdrawn another ๐ญ๐ฎ,๐ฐ๐ณ๐ณ ๐๐ง๐ ($๐ฎ๐ฎ.๐ด๐ด๐ ) from exchanges in 3 hours, bringing its total accumulation to ๐ฐ๐ฑ,๐ต๐ต๐ฒ ๐๐ง๐ ($๐ด๐ฐ.๐ฏ๐ต๐ ) over the past week. Withdrawals span Binance, Bybit, and Bitfinex.
๐๐๐ฝ๐๐ ๐๐ฎ๐ธ๐ฒ: $84M in ETH pulled off exchanges in 7 days is a significant institutional accumulation signal โ Abraxas is moving ETH into self-custody, reducing available sell-side liquidity. The pace is accelerating: $22.88M in just 3 hours suggests urgency, not passive DCA. This comes amid a broader risk-off environment driven by the Iran conflict โ institutional ETH accumulation during market weakness is a divergence worth watching.
Verify on-chain: https://arkm.com/explorer/entity/abraxas-capital-heka-funds
source: lookonchain
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