๐ Bitcoin OTC Reserves Hit Record Low
โฟ 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.
๐ The decline suggests less BTC may be readily available through tracked OTC desks, potentially reducing immediately accessible supply.
โ ๏ธ Lower OTC reserves do not automatically mean higher prices. Demand, exchange balances, ETF flows, and broader market liquidity still matter.
๐ Could shrinking OTC supply increase Bitcoinโs sensitivity to new demand?
#Bitcoin #BTC #CryptoMarket #BitcoinSupply
โฟ 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.
๐ The decline suggests less BTC may be readily available through tracked OTC desks, potentially reducing immediately accessible supply.
โ ๏ธ Lower OTC reserves do not automatically mean higher prices. Demand, exchange balances, ETF flows, and broader market liquidity still matter.
๐ Could shrinking OTC supply increase Bitcoinโs sensitivity to new demand?
#Bitcoin #BTC #CryptoMarket #BitcoinSupply
