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MCap $2.9T +0.1%24h Vol $54.3B -39%Fear & Greed 70/100Alts Index 59/100
BTC.D 59.3% -0.1%Stable.D 9.1% 0%ETH.D 11.4% 0%Others.D 20.2% +0.1%
FET$0.2607+16.99%•HNT$0.5789+15.78%•PROS$0.8248+14.97%•BEAM$0.00247509+14.86%•ORCA$2.065+14.63%•RAIN$0.0119+13.7%•AKT$0.7720+13.29%•STRK$0.0593+13.22%•DRV$0.4134+9.66%•BAT$0.1029+9.62%•
BR$0.4591-20.64%•BTW$1.179-18.64%•STONK$0.1996-14.92%•AI$0.1145-14.87%•NIGHT$0.0452-7.84%•QNT$253.31-7.3%•KITE$0.1473-6.39%•ZRO$1.920-6.16%•CARDS$0.2464-5.95%•CAP$0.0646-5.35%•
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      Analyst: Bitcoin reserves on known OTC trading platforms drop to 123,000 BTC, hitting an all-time low

      PANews reported on September 20 that CryptoQuant analyst Darkfost said the Bitcoin reserves held by known on-chain OTC trading platform addresses have fallen to their lowest level in history, currently at around 123,000 BTC, compared with nearly 500,000 BTC in September 2021. The analyst believes the continued decline in reserves may be related to investors preferring long-term holding, miners reducing sales through OTC channels, and sellers shifting to public markets. This indicates that the amount of BTC listed for sale on the over-the-counter market is decreasing, and subsequent demand may shift more toward direct purchases on public markets, potentially providing support for prices.


      Source: PANews
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