Over-the-counter desks are commonly used by sophisticated investors and high-net-worth individuals to execute trades without impacting the spot-market price. In the past five months, OTC desks have experienced a surge of over 200,000 BTC, which is one of the highest levels observed in recent years. As bitcoin approaches an all-time high, it appears that sophisticated investors are taking measures to trade without affecting the spot market price.
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Sophisticated Investors Turn to OTC Desks to Trade Bitcoin Without Affecting Spot-Market Price
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