Bitcoin sell-side liquidity hits lowest level since 2018 fueling BTC rally
January 7, 2025
Bitcoin’s journey near six figures has been marked by intriguing market maneuvers. As prices wavered between $92,000 and $100,000, behind-the-scenes dynamics played a crucial role. Recent data shines a light on declining OTC desk balances and a renewed buying spree from whales—revealing a shift from net selling to positive accumulation. But why are these influential players moving BTC off-exchange and clutching tighter onto their holdings? Delve into the strategic game reshaping Bitcoin’s market as the latest halving’s impact unfolds…
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