Institutional Liquidity Providers and OTCs Absorb 88% of German Bitcoin Sales

Institutional Liquidity Providers and OTCs Absorb 88% of German Bitcoin Sales

Bitget2024/07/14 22:14

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.

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