According to Odaily, CryptoQuant CEO Ki Young Ju has highlighted a notable trend in the Bitcoin over-the-counter (OTC) market, which is now surpassing the centralized exchange (CEX) market in terms of growth. This year, whale wallets holding over 1,000 BTC, including spot ETFs and custodial wallets, have increased their holdings by 1.45 million BTC, bringing the total to 1.8 million BTC. In 2021, approximately 70,000 BTC flowed into these wallets over the entire year. Currently, the inflow rate has surged to 100,000 BTC per week.
Bitcoin OTC Market Sees Significant Growth
![](https://public.bnbstatic.com/image/pgc/202211/ff39a105a210ecd0a61407a69ad82dbd.jpg)
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