Investment
Features
FeesSafety
Academy
More
Pluang+

Abraxas Capital reportedly moves nearly 13,000 ETH to its wallet, but purchase not confirmed.

Market News
07 Sep 2026
Coincu
View Source
Neutral
Abraxas Capital reportedly moves nearly 13,000 ETH to its wallet, but purchase not confirmed.

Abraxas Capital is reported to have acquired about 13,000 ETH based on several large transfers from Binance to a wallet labeled as theirs on September 7, 2026. However, there is no confirmed evidence that these transfers represent a new purchase rather than a repositioning of existing holdings. The exact purchase price, trading venue, and ownership details remain unverified. Market impact is unclear as the transfers alone do not indicate fresh demand or affect Ethereum's price significantly.

More News (ETH)

Arbitrum token surges 50%+ as Robinhood Chain's growth boosts its revenue share and market interest.

Arbitrum token surges 50%+ as Robinhood Chain's growth boosts its revenue share and market interest.

Arbitrum (ARB) has seen its token price rise over 50% in early September, significantly outperforming Ethereum's 1.5% gain, driven by Robinhood Chain's rapid growth. Robinhood's fee income hit a record $19 million this month, with 10% of that revenue...

Protocol Fundamentals
Bullish
8 hours ago
Ethereum nears bullish breakout after strong August rally and rising buyer demand around $2.5k resistance.

Ethereum nears bullish breakout after strong August rally and rising buyer demand around $2.5k resistance.

Ethereum surged 41% in August, rising from $1,820 to $2,567, supported by $1.736 billion inflows into spot ETFs. Recently, ETH has traded in a range near $2,380-$2,530, close to a key April resistance at $2,466, signaling possible distribution. Howev...

Technical Signals
Bullish
10 hours ago
$1.36M Ripple RLUSD stablecoin supply moved from XRP Ledger to Ethereum via burn and mint.

$1.36M Ripple RLUSD stablecoin supply moved from XRP Ledger to Ethereum via burn and mint.

On September 6, Ripple shifted 1,363,614.85 RLUSD (about $1.36 million) from the XRP Ledger to Ethereum by burning the tokens on XRPL and minting the same amount on Ethereum seconds later. This cross-chain supply transfer rebalanced liquidity without...

Protocol Fundamentals
Neutral
16 hours ago
Cryptocurrency prices show mixed movements with Bitcoin near $79,000 and notable gains in altcoins like DOT and WLD.

Cryptocurrency prices show mixed movements with Bitcoin near $79,000 and notable gains in altcoins like DOT and WLD.

Cryptocurrency markets display varied price changes, with Bitcoin trading slightly down at around $79,013 and Ethereum slightly up near $2,483. Several altcoins show significant gains, including DOT rising over 12% and WLD increasing by more than 13%...

Protocol Fundamentals
Bullish
16 hours ago
Bitcoin fails to hold $80K, recovers near $79K as altcoins show mixed gains

Bitcoin fails to hold $80K, recovers near $79K as altcoins show mixed gains

Bitcoin briefly rose above $80,000 but fell back below $79,000, maintaining a market cap near $1.6 trillion. Ethereum stayed under $2,500, while XRP hovered near $1.40. Several altcoins like Chainlink, TAO, and Worldcoin posted notable gains, with TA...

Market News
Neutral
17 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App