Glassnode: The stock of Bitcoin OTC platform is less than 500, which has dropped to the lowest level in history
According to Glassnode data, the stock of Bitcoin on OTC platforms has been continuously decreasing during this market rise, and has now fallen to its lowest historical level (388 coins on February 29th), comparable to mid-2018. Caitlin Long, founder of crypto-friendly bank and Bitcoin custody institution Custodia Bank, responded to comments about "Bitcoin OTC platform stock nearing depletion" on social media, stating that a reliable source indicated that at some point on Wednesday this week, there were only about 40 BTC available for trading on the Bitcoin OTC platform. Note: The OTC platform data collected by Glassnode only covers some mainstream platforms and cannot accurately represent the stock data of all global platforms, but still has reference value.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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