BlockBeats News Update: On February 23, according to Arkham Monitoring, an address labeled as Abraxas Capital Mgmt withdrew 20,000 ETH worth $56.03 million from a Binance hot wallet address, and also withdrew 40 million USDT from the same Binance hot wallet address.
Additionally, 8,438 ETH worth $23.59 million was withdrawn from an OKX hot wallet address.