Drop in OTC balances shows large investors are accumulating discounted Bitcoin

Bitcoin’s rise and subsequent fall from its new ATH of $108,200 spurred quite a bit of market activity. Last week’s price volatility led to spikes in both spot and derivatives trading, with rising volumes and sky-high liquidations showing the market’s aggressive reaction to the price drop. Looking at trading volumes alone might show a market … Continue reading Drop in OTC balances shows large investors are accumulating discounted Bitcoin