List of Flash News about bitcoin otc balance
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2025-04-27 07:58 |
Bitcoin Balance on OTC Desks Hits All-Time Low: Bullish Signal for Crypto Traders in 2025
According to Crypto Rover, the balance of Bitcoin held on over-the-counter (OTC) desks has reached an all-time low, suggesting reduced supply available for large-scale institutional purchases (source: Twitter @rovercrc, April 27, 2025). This drop in OTC Bitcoin reserves is typically viewed as a bullish indicator, as it implies that fewer coins are available for off-exchange trading, potentially increasing buying pressure on public exchanges. Traders monitoring on-chain data may interpret this as a sign of strong market demand and limited sell-side liquidity, which has historically preceded upward price movements in the Bitcoin market. |