CoinScoopOTC Bitcoin reserves drop by 75% over five years, analyst says
According to on-chain analyst Darkfost, Bitcoin reserves held by over-the-counter (OTC) desks have fallen to record lows. Data from CryptoQuant indicates that current holdings are approximately 123,000 BTC, a significant decline from the roughly 500,000 BTC recorded in September 2021, suggesting a shift from off-market supply to direct demand.
Summaries are written by AI from the original article. Not investment advice.