Bitcoin OTC desk balances hit over 300,000 BTC

Onchain Highlights DEFINITION: The cumulative balance of Bitcoin stored in addresses associated with Over-The-Counter (OTC) desks is represented in this metric. Bitcoin’s total OTC desk balance demonstrates notable trends correlated with price fluctuations. The chart from CryptoQuant highlights the relationship between Bitcoin price movements and OTC desk balances, which have shown significant activity throughout 2024. […] The post Bitcoin OTC desk balances hit over 300,000 BTC appeared first on CryptoSlate.