Bitcoin's Selling Pressure Eases Amid Institutional Absorption and OTC Flows

The cryptocurrency market has been experiencing a significant shift in recent times, with the selling pressure on Bitcoin showing signs of easing.

One reason for this decrease in selling pressure is the increasing institutional absorption of the cryptocurrency. Institutional investors have been gradually buying up Bitcoins, which has helped to absorb some of the selling pressure.

Another factor contributing to the decline in selling pressure is the growth of over-the-counter (OTC) flows. OTC trades allow large-scale buyers and sellers to trade Bitcoin outside of traditional exchanges, reducing market volatility and increasing liquidity.

The decrease in realized losses is also playing a role in the fading selling pressure. Realized losses occur when investors sell their Bitcoins at a lower price than they initially bought them for, resulting in a loss. As investors realize these losses, they are less likely to continue selling, contributing to the decline in selling pressure.