PANews reported on January 31 that, according to data monitored by Arkham, the Heka Fund, a subsidiary of Abraxas Capital, deposited 2,038 BTC, worth approximatelyPANews reported on January 31 that, according to data monitored by Arkham, the Heka Fund, a subsidiary of Abraxas Capital, deposited 2,038 BTC, worth approximately
Abraxas Capital's Heka fund deposited 2,038 BTC, worth nearly $170 million, into Kraken.
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News Brief
According to PANews on January 31, Arkham's tracking reveals that Heka Fund—a subsidiary under Abraxas Capital—transferred approximately 2,038 BTC, valued at around $168.21 million, to Kraken just two hours prior. Immediately following this move, the identical wallet then shifted 15 million USDC to a Morpho address. Analysts believe these transactions indicate the fund is strategically reallocating its digital asset portfolio across multiple platforms.
PANews reported on January 31 that, according to data monitored by Arkham, the Heka Fund, a subsidiary of Abraxas Capital, deposited 2,038 BTC, worth approximately $168.21 million, into the cryptocurrency exchange Kraken two hours ago. Subsequently, the same address deposited 15 million USDC into the Morpho address.
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