Bears Fired Warning as OTC Desks Run Low, Set Up Huge Price Shock

Key Points

1. Swing trader Bedlam Capital Pres predicts a 'supply shock' that could trigger Bitcoin's next major rally, citing dwindling OTC desk BTC holdings.

2. OTC trade desks' collective balances have dropped to around 155,000 BTC, with MSTR buying 182,391 BTC year-to-date, further reducing available supply.

3. Corporate Bitcoin holdings continue to rise, with treasuries adding 630 BTC in a single day despite high market prices.

4. Glassnode data shows combined exchange balances at 2.919 million BTC, indicating a significant reduction in available supply and potential market fragility.

5. Over $1 billion in realized profits were recorded in 24 hours, with $362M coming from long-held coins (7–10 years) and $93M from 1–2 year holders, signaling notable profit-taking.