đ **Bitcoin OTC Balance Hits 2.5-Year High!**
- The OTC bitcoin balance has surged to 410,000 tokens, the highest since May 2022.
- This spike mirrors the run-up during the bull market of late 2020 to early 2021.
- High OTC balances indicate strong liquidity, allowing large trades without impacting market prices.
- OTC desks are mainly used by high-net-worth individuals and institutions.
- For bitcoin's bull run to continue, a decline in OTC balances might be necessary.
What do you think this means for the future of bitcoin? Share your thoughts in the comments! đŹ