📣#BitcoinSupply Shock May Be Looming⤵️
🗣️Why Is Bitcoin Still Hovering at $100K While Institutions and Big Players Are Piling Up?
The Answer Lies in Over-the-Counter(#OTC ) Markets🔻
📍OTC desks allow whales and institutions to buy #Bitcoin without impacting #exchange order books.
📍However,as this chart shows,OTC balances are rapidly declining — a sign that the supply available for large OTC trades is drying up
📍Once OTC desks run low,big buyers will have no choice but to buy directly from exchanges,potentially leading to explosive price movements