PANews reported on May 8 that according to monitoring by The Data Nerd, two hours ago, a wallet belonging to Abraxas Capital Management deposited 1,000 BTC (about $98.92 million) into Kraken. The address purchased these BTC at an average price of $84,713 three weeks ago. If all were sold, it would realize a profit of about $14.21 million. Currently, the address still holds 983 BTC, worth about $97.43 million.