Definition
The overall quantity of cash held on OTC desk addresses. This information is predicated on three totally different OTC desks.
Fast Take
- Primarily based on the three totally different OTC desks, they maintain over 5,600 BTC, nearly double the lows throughout This autumn 2022.
- In the course of the 2021 bull run, OTC desk holdings hit over 12,000 BTC, as this was a well-liked methodology that’s sometimes reserved for conventional traders and used to execute giant trades for giant consumers who want important liquidity.
- That is an encouraging signal displaying that liquidity and massive establishments are returning to the Bitcoin house.
The put up Bitcoin OTC desk holdings at seventh-month excessive appeared first on CryptoSlate.
