Arkham AI has identified a wallet (0xEd0C) potentially belonging to digital asset fund manager, Abraxas Capital Management (HEKA Funds). The wallet currently holds more than $216M in assets, distributed across liquid staked and liquid restaked ETH tokens such as EtherFi’s EETH, Lido’s wstETH and Aave’s AWSTETH and Aave’s AWETH, which make up almost $197M of the wallet’s holdings. The address has also pushed more than $6B in volume through some of the top DeFi protocols on Ethereum, including Aave, 1inch, Spark and Compound.
Beyond its extensive on-chain history, this address has also historically transacted with known Abraxas Capital Management addresses, with more than $800M in assets transferred to them in just the last five months alone.
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