CryptoQuant Unveils Impact of Large BTC Buy Orders

CryptoQuant has released an analysis exploring the impact of large Bitcoin buy orders. The study finds that these orders, often originating from institutional players through OTC (over-the-counter) transactions, don’t always directly correlate with price bottoms and offer a nuanced view on market dynamics. Instead, insights into broader trends like ETF flows and spot CVD are crucial for understanding the true influence of institutional demand.