$105.1M
Kraken: Hot Wallet
bc1qx9n80t5q7tfmutzaj0ramzzzsvtveara68zntc
->
Abraxas Capital Mgmt (Heka Funds): Alpha Bitcoin Fund
bc1qcpflj68s3ahy4xajez4d8v3vk28pvf7qte2jmlftvxzfke2u6mqsge3gvh
Funds leaving exchange, possible accumulation or long-term hold. $105.1M BTC moved from Kraken: Hot Wallet to Abraxas Capital Mgmt (Heka Funds): Alpha Bitcoin Fund on Bitcoin. Repeated BTC outflows often point to custody migration, whale accumulation, or reduced exchange float. High priority whale flow: useful for immediate risk monitoring.