Abraxas Capital shifts 10,100 XAUT worth $43.92 million between wallets

Abraxas Capital moved another 10,100 XAUT, worth about $43.92 million, to a separate wallet, according to on-chain tracker Onchain Lens. The transfer lifts the entity's wallet-to-wallet XAUT reshuffling over the past three days to 25,400 tokens valued at about $110 million. Most of those holdings were previously accumulated from Bitfinex, and the linked wallet cluster now holds 137,920 XAUT worth about $600 million. XAUT is a gold-backed token, so moves of this size can draw attention as traders watch whether large holders are reorganizing custody or preparing for further transactions.

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