Institutional Liquidity Providers and OTCs Absorb 88% of German Bitcoin Sales
Since sales began in June 2024, institutional liquidity providers, market makers and over-the-counter (OTC) counters (whichever term you choose) have absorbed the majority of Bitcoin in Germany. Data shows that only a small amount of BTC has been transferred to centralized cryptocurrency exchanges such as Coinbase, Kraken and Bitstamp.
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
After ten years, the bearish prediction comes true: Muddy Waters founder says the Nidec scandal exposes weaknesses in Japanese corporate governance.
The scandal currently engulfing this motor manufacturer indicates that corporate reform in Japan is still far from sufficient.
Milford sees US policy gridlock supporting stocks after Democratic midterm sweep
Domestic precious metal prices rebound strongly
Circle Launches Agentic Managed Payments and Expands Agent Market