Bitcoin whales show no signs of slowing down accumulation, even over the weekend 
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.
Analyst 
James Van Straten
James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.
In this insight
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Featured Data Partner
