Bitcoin whales present no indicators of slowing down accumulation, even over the weekend

Fast Take

• Whales have been energetic over the weekend, persevering with their aggressive Bitcoin accumulation.
• Roughly $250 million price of Bitcoin has been pulled from exchanges on Friday and Saturday.
• Aggressive shopping for comes within the wake of the information of regulators making a last-ditch try and rescue First Republic Financial institution.
• First Republic Financial institution is now the fifth financial institution to fail prior to now fifty days; the opposite banks embody;

1. Silicon Valley Financial institution.
2. Silvergate Financial institution.
3. Signature Financial institution.
4. Credit score Suisse.
5. First Republic Financial institution.

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