Sophisticated Investors Turn to OTC Desks to Trade Bitcoin Without Affecting Spot-Market Price
Over-the-counter desks are commonly used by sophisticated investors and high-net-worth individuals to execute trades without impacting the spot-market price. In the past five months, OTC desks have experienced a surge of over 200,000 BTC, which is one of the highest levels observed in recent years. As bitcoin approaches an all-time high, it appears that sophisticated investors are taking measures to trade without affecting the spot market price.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
