OTC

ZachXBT released a report on $LAB, alleging insiders control over 95% of the supply and OTC deals at 80% discounts. The token reached a $6B FDV, but critics claim retail may have been providing exit liquidity. Possible market-maker coordination is also suspected.

Bitcoin exchange reserves have fallen to a two-year low after $8 billion worth of Bitcoin exited major exchanges, with nearly 100,000 Bitcoin leaving exchanges and OTC balances tightening. Demand from accumulator addresses increased by 60%, indicating reduced liquid supply. This significant exodus points to a shift in market dynamics.