Quick Take
- Whales have been active over the weekend, continuing their aggressive Bitcoin accumulation.
- Approximately $250 million worth of Bitcoin has been pulled from exchanges on Friday and Saturday.
- Aggressive buying comes in the wake of the news of regulators making a last-ditch attempt to rescue First Republic Bank.
- First Republic Bank is now the fifth bank to fail in the past fifty days; the other banks include;
- Silicon Valley Bank.
- Silvergate Bank.
- Signature Bank.
- Credit Suisse.
- First Republic Bank.
The post Bitcoin whales show no signs of slowing down accumulation, even over the weekend appeared first on CryptoSlate.
