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RE: Big Money OTC Trading Increasing, $99 Million Litecoin Transaction, Sentiment Improving
This continues to demonstrate that wealthy and institutional investors continue to come into the market and take substantial positions. Interesting to see how interests in OTC has gone up while the price has actually gone down. It seems like a contrarian sign or the need to consider the conspiracy theory that we have been witnessing price manipulation to the downside so that the money on the sidelines could come in a cheaper price.
I also think smart money realizes that now is a significant bargain in comparison to December/January and they're willing to take that bet
@cryptobobby, A lot of people have been willing to take that bet. Not just investors, miners too. GPU prices are probably never coming down.