1Bitcoiner.com on Nostr: 21 Aug 24 - 📊 Bitcoin OTC desk balances have surged in 2024, adding 60,000 BTC in ...
21 Aug 24 - 📊 Bitcoin OTC desk balances have surged in 2024, adding 60,000 BTC in 30 days, now totaling 370,000 BTC. This mirrors 2021’s trend of distribution during high prices, which led to a 2022 correction. Current trends may signal upcoming price volatility.
Published at
2024-08-21 14:57:06Event JSON
{
"id": "ae2f4256250b7694c385ae8b18a3d3e41ee8e2e1c6bd6f37cae0e8de7120f74e",
"pubkey": "2036408a130912e2b0317226ecc4ded647c4bc99215e2a01570027870d266b02",
"created_at": 1724252226,
"kind": 1,
"tags": [],
"content": "21 Aug 24 - 📊 Bitcoin OTC desk balances have surged in 2024, adding 60,000 BTC in 30 days, now totaling 370,000 BTC. This mirrors 2021’s trend of distribution during high prices, which led to a 2022 correction. Current trends may signal upcoming price volatility.",
"sig": "79f585f75a5988b32e0fb105c71b37164533c55659c63a76eee3748449add6294a6e8968f643d58ae671c044825ef1c147c5fc4e8559f3282a16af6336e4a222"
}
