Abraxas Capital's Alpha Bitcoin Fund has made another significant deposit of 1,993 BTC, valued at $148.32 million, to the Kraken exchange. This latest transaction brings the fund's total deposits to Kraken since March 14 to 9,582 BTC, worth approximately $691 million. Despite these substantial deposits, Abraxas Capital continues to hold a significant amount of Bitcoin, with a remaining balance of 20,337 BTC, valued at $1.51 billion. The fund's ongoing activity highlights its active trading strategy and substantial influence in the cryptocurrency market.
Abraxas Capital Deposits 1,993 BTC to Kraken, Totaling 9,582 BTC Since March
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