News list for " off-trade"

CryptoQuant data shows that the number of bitcoins held over the counter (OTC) has soared to 368,000, worth more than $22 billion, the highest since June 2022. Over the past three months, the number of bitcoins held over the counter has increased by 153,000. CryptoQuant pointed out that miners usually sell bitcoin through OTC transactions to avoid affecting the market price. A significant increase in OTC balances may suggest that miners are engaged in a large-scale sell-off. Historical data show...

2024-08-22 19:49:09