NEW WHALES CONTINUE TO COLLECT IN OTC $BTC ‼️ WHY WE ARE NOT RISING❓
The emergence of new whales can be seen from transactions in OTC (Over-the-Counter) markets rather than ETFs. OTC markets consist of private transactions made directly between buyers and sellers and are usually used for large amounts of asset transfers. This flow of Bitcoin into custody wallets via OTC indicates that large players (likely institutional investors, funds or wealthy individuals) are making low-profile and large-volume purchases.
If we were to speculate on who these whales might be, they would most likely be institutional investors with long-term investment goals. Such transactions are usually made in OTC markets rather than exchanges to minimize immediate effects on the market and protect the purchase price. ⚠️ In addition, storing these movements in custody wallets is an important strategy in order to maintain privacy and avoid price fluctuations.
I think the effect of this will bring $72,000 in a short time. Do not make the mistake of getting caught up in the illusion caused by the futures market..