Onchain Lens said the move included 10 million USDT and $8 million worth of XAUT split between the two centralized exchanges.
Abraxas Capital moved $18 million worth of assets to centralized exchanges, with funds split between Binance and Bitfinex, according to Onchain Lens. The transfers included 10 million USDT sent alongside $4 million worth of XAUT to Binance, while another $4 million worth of XAUT was moved to Bitfinex. Such transfers to CEXs (centralized exchanges) are often watched by traders for clues about potential positioning, liquidity shifts, or upcoming sales, though the monitored transaction alone does not confirm intent.