According to OnchainDataNerd, Tether Treasury transferred 100 million USDT to Abraxas Capital Management's wallet on the Kraken exchange one hour ago. Within a 24-hour span, Abraxas Capital received a total of $236.27 million from Tether. Additionally, two other wallets, potentially linked to Wintermute, deposited 16.5 million USDT to Binance. These substantial movements in USDT may indicate significant trading activities or strategic fund allocations by the involved entities.