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Technical CRYPTO Analyst | Telegram Webview: TechCryptoAnalyst/12956 -
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Abraxas Capital has been on a buying spree—pulling out 185,309 ETH (worth around $399M) from exchanges over the last 3 days.

This move coincides with ETH’s strong rally from $1,800 to $2,600, marking a sharp 44% surge.



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Abraxas Capital has been on a buying spree—pulling out 185,309 ETH (worth around $399M) from exchanges over the last 3 days.

This move coincides with ETH’s strong rally from $1,800 to $2,600, marking a sharp 44% surge.

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Launched in 2013, Telegram allows users to broadcast messages to a following via “channels”, or create public and private groups that are simple for others to access. Users can also send and receive large data files, including text and zip files, directly via the app.The platform said it has more than 500m active users, and topped 1bn downloads in August, according to data from SensorTower.

Why Telegram?

Telegram has no known backdoors and, even though it is come in for criticism for using proprietary encryption methods instead of open-source ones, those have yet to be compromised. While no messaging app can guarantee a 100% impermeable defense against determined attackers, Telegram is vulnerabilities are few and either theoretical or based on spoof files fooling users into actively enabling an attack.

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