Abraxas Capital Management deposits another 10K ETH to Bitfinex
July 01, 2024, 9:27 AM
On-chain analyst @ai_9684xtpa reported on X that Abraxas Capital Management, an investment management firm based in London, once again withdrew 10,000 ETH from the DeFi lending protocol Spark and deposited them to the Bitfinex crypto exchange a short time ago. Abraxas Capital Management previously deposited 15,000 ETH to Spark as margin to borrow 25 million USDC in the morning of July 1, and then transferred them to Binance. So far, the firm still holds 28,152 ETH on the Spark Protocol.
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