410,000 Bitcoins in stock on over-the-counter trading market: ”Hindering entry into the bull market”

An analysis has emerged stating that Bitcoin is being prevented from joining the bull market due to the over-the-counter (OTC) market environment.
CoinDesk, citing data from CryptoQuant, said: "OTC
"There are a total of more than 410,000 Bitcoins on the desk," the report said. "This is the highest figure since May 2022 and more than double the 185,000 as of March of this year."
He continued, "This increase in OTC volume is being interpreted as a factor that could hinder (Bitcoin's) rise," and "For further increases in the fourth quarter,
"The balance of BTC on the OTC desk must decrease," he emphasized. Meanwhile, the balance of BTC on the OTC desk represents the amount of over-the-counter liquidity available for purchase or sale. A high balance is a strong indicator of
This demonstrates strong liquidity and the ability of the trading desk to process large orders.