Abraxas Capital withdraws $92M in Ethereum from Binance and Kraken

8-5-2025 – Abraxas Capital, a prominent London-based asset management firm, has executed a substantial withdrawal of digital assets from two leading exchanges. According to meticulous tracking by Lookonchain, the firm has shifted 49,644 Ethereum (ETH), valued at approximately $92 million, from Binance and Kraken over the course of a single day. source: https://www.cointrackdaily.com/abraxas-capital-withdraws-92m-in-ethereum-from-binance-and-kraken/