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Drop in OTC Balances Shows Large Investors Are Accumulating Discounted Bitcoin
A sudden and unexpected surge in trading activity has been seen in the over-the-counter (OTC) market following Bitcoin’s recent price drop. Amidst the turmoil, a curious phenomenon has emerged: large investors are accumulating discounted Bitcoin.
According to data from CryptoSlate Alpha, OTC balances have witnessed a considerable drop within the past week. This unexpected shift in market dynamics raises several intriguing questions about investor sentiment and potential market manipulation.
To understand this development better, it’s essential to delve into the context surrounding this recent turn of events.
Source: cryptoslate.com
