Tether has executed the largest XAUT transaction in the past three weeks, transferring 28,723 XAUT tokens, valued at $151 million, to UK-based asset management firm Abraxas Capital Mgmt. This transaction was completed four hours ago from Tether's treasury address. Abraxas Capital, operating under Heka Funds, is one of Tether's largest institutional clients, previously holding 1.5% of the total USDT issuance. They are currently the second-largest entity in terms of transaction volume within Tether's disclosed on-chain addresses.
Tether Transfers $151 Million in XAUT to Abraxas Capital
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