Bitcoin

<h2 id="quick-take">Quick Take</h2>
<ul>
<li>Whales have been active over the weekend, continuing their aggressive Bitcoin accumulation.</li>
<li>Approximately $250 million worth of Bitcoin has been pulled from exchanges on Friday and Saturday.</li>
<li>Aggressive buying comes in the wake of the news of regulators making a last-ditch attempt to rescue First Republic Bank.</li>
<li>First Republic Bank is now the fifth bank to fail in the past fifty days; the other banks include;</li>
</ul>
<ol>
<li>Silicon Valley Bank.</li>
<li>Silvergate Bank.</li>
<li>Signature Bank.</li>
<li>Credit Suisse.</li>
<li>First Republic Bank.</li>
</ol>
<figure id="attachment_321572" aria-describedby="caption-attachment-321572" style="width: 1800px" class="wp-caption aligncenter"><img class="wp-image-321572 size-full" src="https://cryptoslate.com/wp-content/uploads/2023/04/whale.png" alt="exchange netflow: (Source: Glassnode)" width="1800" height="1013" srcset="https://cryptoslate.com/wp-content/uploads/2023/04/whale.png 1800w, https://cryptoslate.com/wp-content/uploads/2023/04/whale-300x169.png 300w, https://cryptoslate.com/wp-content/uploads/2023/04/whale-1024x576.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/04/whale-768x432.png 768w, https://cryptoslate.com/wp-content/uploads/2023/04/whale-1536x864.png 1536w" sizes="(max-width: 1800px) 100vw, 1800px" /><figcaption id="caption-attachment-321572" class="wp-caption-text">exchange netflow: (Source: Glassnode)</figcaption></figure>
The post <a rel="nofollow" href="https://cryptoslate.com/insights/bitcoin-whales-show-no-signs-of-slowing-down-accumulation-even-over-the-weekend/">Bitcoin whales show no signs of slowing down accumulation, even over the weekend</a> appeared first on <a rel="nofollow" href="https://cryptoslate.com">CryptoSlate</a>.

Bitcoin whales show no signs of slowing down accumulation, even over the weekend

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