Bitcoin demand is outpacing supply! 🚀 CryptoQuant’s on-chain analysis has revealed that the Bitcoin market is experiencing a demand shock. Since the end of September, demand has increased by 228,000 BTC per month, while the amount of BTC available for sale has fallen to October 2020 levels.
OTC desks and large buyers are running out of Bitcoin resources. The demand surge has reduced OTC stocks by -26,000 BTC this year. Sell-side liquidity is at its lowest level in 4 years. 📉