Data: Bitcoin OTC trading volume has fallen to historical low levels comparable to the end of 2018

2023-09-20 20:04:02

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ChainCatcher news, according to Glassnode data, in the past 30 days, the OTC desk Wallet has averaged only 11 transactions per day. This equates to an annual transaction volume of 4,015.

ETF issuer 21Shares' parent company, crypto investment product company 21.co's research director @elindinga stated that the last time such low levels were seen was in November 2018, and the current market does not seem to have entered a large-scale accumulation phase yet.

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21Shares Cryptocurrency Exchange Trading Product Issuer