According to Cointelegraph, Bitcoin over the counter (OTC) reserves have fallen to 155,000, near an all-time low. Analysts pointed out that as companies such as MicroStrategy continue to buy BTC, the over-the-counter reserves will be exhausted and will turn to exchanges to buy coins, which may lead to a supply shock.
Glassnode data shows that the balance of BTC on the exchange is now 2.919 million, and the 24-hour profit is over $1 billion, of which $358 million comes from long-term investors who have held it for 7-10 years. MicroStrategy has added 182,391 BTC this year.
Analysis: Bitcoin OTC Reserves Drop to 155,000, Supply Shortage Or Push Prices Up
2025-08-06 13:39:30
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