Abraxas Capital: Accumulates 12,477 ETH From Exchanges

Abraxas Capital has accumulated another 12,477 ETH ($22.88M) in the past three hours, lifting its seven-day total withdrawals from Binance, Bybit and Bitfinex to 45,996 ETH ($84.39M) and underscoring ongoing large ETH exchange withdrawals institutional accumulation. ETH price prediction models now factor in this sustained buying pressure while the 4h chart shows price at $1834.24 holding above the EMA50 support at $1828.96 and the EMA200 at $1769.62; the neutral RSI(14) at 44.4 paired with a MACD death cross at 6.71 keeps momentum capped, so any test of upper Bollinger resistance at $1946.95 likely precedes a measured pullback toward the lower band support at $1807.83 before the next directional move.