2023-5-1 13:00 |
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. exchange netflow: (Source: Glassnode)
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