Bitcoin reserves across all cryptocurrency exchanges fell to 2.35 million BTC as hedge funds buy the dip
https://cointelegraph.com/news/bitcoin-exchanges-reserves-7-year-low-hedge-funds-buy-dip
Discussion
Is OTC BTC a different bucket than all exchanges? If so, curious how much BTC sit in those.
Side thought. Exchanges (not OTC) drive up the bid, when prices hit an ATH and the roughly 2.5M BTC float is paper Bitcoin exchanges don’t even have ATM.
