The cumulative balance of cryptocurrencies stored in addresses associated with Over-The-Counter (OTC) desks is represented in this metric. It encompasses data from three specific OTC desks known to us, thus providing a glimpse into the broader OTC market activity, albeit not its entirety.
Please note, our OTC balance figures are derived from carefully curated datasets that are regularly updated, alongside advanced data analytics and evolving statistical methodologies. Consequently, while our data is reliable, it is important to acknowledge that the most recent figures may exhibit minor adjustments as new information becomes available and our models are refined.
This is the Point-in-Time (PiT) variant of OTC Desks Holdings. PiT metrics are strictly append-only and their history is immutable. The historic data does not necessarily reflect the best current knowledge, but the information at the time when a data point was first computed. PiT metrics are ideal candidates for applications in model backtesting and related quantitative purposes. Read our article on PiT metrics for more information.