Crypto Prices
Crypto Prices
I read everywhere that there is X amount of BTC, ETH and so on being boucht right now, but there is no fluctuation in the markets at all. I know that coins can be bought OTC and therefore won‘t influence the price, but how come that prices are not moving at all? I do not believe, that every transaction right now is made OTC. On top of that: how is it beneficial to buy OTC, if afterwards no one is buying over the exchanges to influence prices?
there is no fluctuation in the markets at all
No fluctuation in crypto markets? 🙂
If you’re trying to ask a serious question, I’m not sure what the question is. But I can tell you that OTC volume is a tiny little fraction of CEX and DEX trade volumes for crypto, just like stock OTC volumes are a tiny fraction of actual exchange trades on NYSE, NASDAQ etc.