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Bitcoin (BTC) Price Analysis as OTC Balance Drops by $40.8B

source-logo  coingape.com 27 May 2025 16:42, UTC
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The big-picture outlook for Bitcoin (BTC) price remains strong, as it trades above $110,000 today. A bullish data point that paints this optimistic outlook is the significant drop in over-the-counter BTC balances over the years. To be precise, the OTC balance has decreased by 371K, valued at nearly $40.8B at press time.

coingape.com