Quick Take CryptoQuant data shows that OTC (over-the-counter) desk balances have surged to 255,000 BTC (BTC), a level last observed during the FTX collapse in November 2022. This increase in OTC balances is typically associated with downward pressure on BTC prices or local tops. Historically, during the 2021 bull run, OTC desk balances rose as […]
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Go here to Read this Fast! Bitcoin OTC balances spike by 62,000 BTC in 30 days, highest since 2021
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Bitcoin OTC balances spike by 62,000 BTC in 30 days, highest since 2021