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Abraxas Capital deposits $40M in Bitcoin to Kraken, pulls $15M in Ethereum off exchanges

Crypto Briefing·July 15, 2026·1 min read
Abraxas Capital deposits $40M in Bitcoin to Kraken, pulls $15M in Ethereum off exchanges

Abraxas Capital deposited $40M in Bitcoin to Kraken and pulled $15M in Ethereum off exchanges. These strategic moves highlight a potential shift in institutional sentiment, impacting Bitcoin's market dynamics and Ethereum's liquidity. The actions suggest changing institutional strategies in the crypto market.

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