Had this thought that someone (funds/nation states) is simultaneously losing money on purpose to short bitcoin/keep the price in this range and buying large sums of it OTC at these prices. IOW, you pay the $10M a day or whatever it costs to keep the price in the 80s, and you buy 1-10K coins/day at a small premium to spot OTC. If you didn’t pay to short the spot price, the OTC price would be much higher.

When there are no more OGs unloading OTC, they will pull the short and price discovery will return.