🚨🇬🇧 UK FIRM
#BUYS $250M IN BITCOIN AHEAD OF EASTER WEEKEND
🔹London’s Abraxas Capital scoops up 2,949 BTC—over $250M in 4 days
🟢Latest buy: $45M BTC from Binance on April 18
🔹Comes after Michael Saylor’s firm grabbed $285M BTC at ~$82.6K/BTC
🔹Whales now absorbing 300% of Bitcoin’s annual issuance
🔹Exchanges bleeding BTC—liquidity tight
🔹Analysts predict low weekend volatility, but warn of sudden moves
🔹Concern: 170K BTC just left mid-term wallets, could spark turbulence
🔹Flashback: Mantra token crashed 90% on a Sunday
🔹BTC’s 24/7 trading = weekend flash crash risks
-Cointelegraph