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CryptoQuant: Coinbase Prime’s Bitcoin OTC Trading Increases Significantly 20 minutes ago

CryptoQuant analysts have found a significant increase in over-the-counter (OTC) trading activity on Coinbase Prime, indicating that institutional investors are using OTC channels to accumulate more Bitcoin. CryptoQuant CEO Ki Young Ju explained, "When inflows into Coinbase Prime Brokerage Service, the preferred Bitcoin purchasing channel for US institutions, increase significantly, it indicates that various OTC transactions are currently taking place and institutions are more willing to engage in OTC trading."

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