OTC Buying Pressure Increases
https://www.cryptoglobe.com/latest/2019/01/the-week-bitcoin-otc-volumes-up-bitwise-etf-bitmain-appoints-new-ceo/"Buying pressure has reportedly increased at many notable OTC crypto trading desks. One of the largest OTC traders, Cumberland, tweeted that the imbalance between buyers and sellers spiked by 60% over the last week. Galaxy Digital saw robust buy back from asset managers, who previously sold assets for tax purposes. The nature of most of Paxos trading activity this year was buy tickets from emerging markets traders. Circles OTC desk saw a come back in January after elevated sell pressure in December. Genesis OTC volume is up by 50% year-on-year. According to a director of the fintech research firm Tabb Group, Monica Summerville, the OTC market is about two to three times larger than trading activity across the whole of the retail exchanges."