Abraxas Capital: Deposits $136M Across Bitfinex and Spark

Abraxas Capital deposited 61.19M USDT to Bitfinex while supplying 40K ETH worth $75.17M to Spark via its Wrapped Token Gateway for a combined $136.36M move tracked by Arkham data.

Price action on the 4h chart shows ETH at $1883.56 inside Bollinger Bands with upper resistance at $1920.61 and lower support at $1830.51 while EMA50 sits at $1885.83 as immediate resistance and EMA200 at $1829.91 as deeper support; the MACD golden cross at -7.89 signals building momentum even as RSI holds neutral at 51.18, suggesting a test of upper band resistance before any pullback to the 50-EMA in standard ETH price prediction models during periods of crypto market crash volatility or AI industry impact flows.