📉 Bitcoin OTC Reserves Hit Record Low

₿ Known Bitcoin reserves held by OTC platform addresses have reportedly fallen to around 123,000 BTC, down sharply from nearly 500,000 BTC in September 2021.

📊 The decline suggests less BTC may be readily available through tracked OTC desks, potentially reducing immediately accessible supply.

⚠️ Lower OTC reserves do not automatically mean higher prices. Demand, exchange balances, ETF flows, and broader market liquidity still matter.

👀 Could shrinking OTC supply increase Bitcoin’s sensitivity to new demand?

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