
OTC Desk Outflow Volume adds the BTC transferred out of addresses attributed to tracked over-the-counter trading desks each day. It measures outgoing on-chain inventory movement in BTC within that identified coverage, not the value of all OTC deals.
Higher outflows can reflect delivery to counterparties or redistribution of desk inventory; quiet readings mean less visible outgoing settlement. The daily record was about 22,894 BTC on April 15, 2020, and the 2024 high was about 11,978 BTC on January 19. Neither peak identifies how much fresh buying occurred at that time.
Many OTC trades settle through custodians or internal ledgers and do not appear as a transfer from a labeled desk wallet. Inventory transfers need not correspond one-for-one with customer deals, and labels can change. Read this as a partial view of settlement activity, alongside desk inflows and balances where available.
No. It only covers on-chain outflows from identified desk addresses. Unlabeled desks, custody-based settlement and internal ledger transfers are outside that visible scope.
No. It can be delivery after an earlier deal, inventory relocation or another settlement transfer. The chain alone does not establish the counterparty type or trade direction.
No qualifying outgoing volume was recorded within the tracked coverage that day. It does not establish that the wider OTC market had no trades.