Abraxas Capital Acquires $84.7M in Ethereum, Fuels ETH Bullish Trend

  • Abraxas Capital, a global asset management firm, has intensified its Ethereum (ETH) holdings amid the latest crypto market rally. According to on-chain data from Lookonchain, Abraxas purchased 33,482 ETH worth $84.7 million on May 13, executing multiple transactions within 12 hours.