Bitcoin OTC Desk Balance (Patreon)

OTC desks maintain a balance that allows large buyers to purchase Bitcoin without impacting its market price. Entities like MicroStrategy and iBit source their Bitcoin from these OTC desks. I monitor the balances of the top wallets weekly to track whether we’re approaching a supply crunch, should that ever occur.

OTC Desks added 6000 BTC last week.

This is more or less confluent with money flow!

On a side note XRP and SOL were positive .... and I know SOL is down this week.