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Here's the 30-day change of their holdings visualized:

#Bitcoin poked above resistance but failed to sustain it:

A largely significant portion of whale holdings reside between $38,000 and $42,000 right now. Vital area for #Bitcoin Above it - bullish Below it - bearish

Year to date performance: Shopify -60% Netflix -60% PayPal -50% Facebook -40% ARKK -40% Nasdaq -14% Bitcoin -13% Despite unprecedented macro/geopolitical uncertainty, Bitcoin is holding up quite well on a relative basis.

I think it will drop to 20%-30% in the crypto circle in the next 10-20 days

Bitcoin's 1D correlation to the Nasdaq is extremely high at the moment. Currently 0.98

Only 0.03% of all Bitcoin flows are estimated to come from known illicit entities according to Chainalysis. Contrary to what many Bitcoin critics claim, a fully transparent digital ledger is one of the worst mediums to partake in illicit activities such as money laundering.

So far companies on EPS calls haven't seen supply chains easing - and the chart below won't help.

This is incredible

US Treasury Yields since 1999...

There were 221,303 migrant encounters at our southern border in March. That's a new Biden-era high, a 542% increase from 2020, and the 13th straight month of encounters OVER 150,000. We MUST secure our southern border. #BidenBorderCrisis

A little leak from the Bitcoin user adoption report our team is working on: We are so early. Sometimes it's easy to let short-term volatility distract you from the big picture.

BTC whales holdings are now the highest since September of last year. This continued increase has honestly surprised me.

Asian trading hours have been trading Bitcoin at a premium to US/EU for the last few weeks.

Just sent out this week's newsletter. Hope you enjoy and have a great weekend! blockwareintelligence.com/p/blockware-in…

"It's hard to not want to be long on #crypto because of the intellectual capital that's going into that space," says Paul Tudor Jones on #Bitcoin. "Right now I'm modestly invested and I would think that it's going to have a bright future as we roll through these rate hikes."

Paul Tudor Jones: In a world where we’re starting to deglobalize, the ability to have a borderless store of value is attractive