Some of the trades are real and so is the demand

OTC market demand for bitcoin right now is unlike anything I’ve ever witnessed. Several asks for multi-billion dollar blocks...

When you say “asks”, it implies sellers. Are these buyers that are looking for BTC? Sorry for the clarification.

I’ve seen one seller of the same size.. and buyers represented by investment banks
If only there were a way of trustlessly matching them

Have you seen them actually close though? I’ve been seeing huge bids like that for the past 2 months but it’s seemingly 95% BS..

99% bullshit. But yeah, some of the trades are real and so is the demand.

How long ago was this? Would you personally, unofficially, consider this a signal that the bottom may be near? Thanks for sharing.