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OTC Deals

OTCbid - Bitcoin goes through supply shock while analyst forecasts $200,000 BTC

" Bitcoin supply shocks have historically pushed the asset’s price higher. Bitcoin’s previous rallies have been triggered by a drop in supply across exchanges and a spike in whale accumulation. 

Analyst sets target of $200,000 for Bitcoin, whale accumulation continues.

As more institutions throw their weight behind the largest cryptocurrency, BTC has rallied to $50,000. The asset has been making gains since El Salvador’s acceptance of BTC as legal tender.

Bitcoin balance across exchanges is considered a key indicator of a bullish trend reversal. The asset’s on-chain activity across exchanges is fairly neutral and there are no significant BTC inflows over the past week. 

Interestingly, the supply of BTC is on a downward trend. Since there is no increase in exchange BTC balance, sell-side pressure on Bitcoin is relatively low. Low sell-side pressure is generally considered an indicator of a bullish reversal in BTC price. 

" - Read Full Article

Source: FXstreet

10K-4M BTC BUYER IN MIDDLE EAST

" We get asked for millions of BTC from billion-dollar companies. We can do it with multiple sellers and multiple wallets."
- OTCbid

-11 Gross, -7% Net, Escrow,  Middle East, Geneva, Switzerland

Seller Mandate Only

- OTCbid.com

NEW: 10000 - 4,000,000K BTC with R&E @ -11% gross, -7% net, Escrow,  Middle East, Geneva, Switzerland - Look For Seller

(Buyer :  PKOS...TAS-TELE)

Post: 7.10.21

  • A buyer is looking for 10000-4,000,000K BTC @ -11% gross, -7% net

  • Buyer located in Middle East gulf Countries. SPA takes place in Geneva Switzerland

  • Buyer has already acquired a sizable number of BTC and I am pressured ( my contact)  to deliver a batch since PSA drafted ( activated) back in August.

  • Looking for sellers who can sell 10K BTC up to 1,000,000 BTC plus

  • Buyer = 7% 

  • Sellerside = 2% 

  • Buyerside = 2% 

  • Min First Tranche 10000  BTC

​​

  • ​PROCEDURE:

  • 1.12. BUYER and SELLER shall sign this PURCHASE AND SALE AGREEMENT.

  • 1.13. ESCROW AGENT shall exchange funds on account declaration and alert BUYER that he has BTC Wallet and ALL CODES in hand immediately upon receipt thereof.

  • 1.14. BUYER hereby gives the official mandate to the LAW FIRM / COMPANY / TRUSTEE hereinafter referred to as “ESCROW AGENT” regarding this transaction. In case this mandate is provided separately via alternate communication, a copy of such mandate shall be attached to this agreement. ESCROW ATTORNEY signs the present agreement and assumes full escrow responsibility to the SELLER regarding the 100% payment of the funds for the BTC for each tranche agreed in this docu- ment.

  • 1.15. SELLER shall establish a separate Wallet with the entire amount of each individual tranche according to ANNEX A

  • 1.16. SELLER shall give a personal guarantee letter to the BUYER that he will be responsible for the whole process until BTC is delivered to BUYER.

  • 1.17. Subsequently for ALL further tranches after the initial 10,000 BTC first tranche:

  • SELLER will within 10 (ten) minutes prior to each fixing time, deposit the BTC cold Wallet for the scheduled tranche (with passcodes and keys into the ESCROW ATTORNEY WALLET to verify the coin) into ATTORNEY ESCROW ACCOUNT. SELLER shall provide evidence of said deposit of BITCOINS.

  • The parties sign this sales contract (SPA) in advance by email. In addition, each individual contract page is initially confirmed with the abbreviation so that no changes can be made later by third parties.   Copies will be exchanged via email. * In addition, the identity card is attached by all involved.

  • The BUYER will initiate funding the ATTORNEY ESCROW ACCOUNT first thing each day at approximately the open of banking hours for the FULL amount of the daily tranche schedule; then immediately upon verifying SELLER’S BTC cold Wal- let, the ESCROW ATTORNEY will verify to the SELLER that BUYER’S Funds for that Tranche are in the ESCROW ATTORNEY ACCOUNT ready to transact for that tranche.

  • The ESCROW ATTORNEY will confirm to the SELLER that the BUYER has depos- ited sufficient clean clear funds suiting each tranche, and that the ESCROW AT- TORNEY and bank is prepared to make payment for settlement less commissions to the SELLER by means of a wire or Ledger to Ledger.

  • 1.18. SELLER shall initiate placement of the first tranche of the BTC cold Wallet directly to the ESCROW ATTORNEY WALLET. The BUYER has to pay both inter- mediaries commissions according to the IMFPA (Annex F). SELLER shall provide the individual BTC Wallet information (including passcodes and access data) for each tranche to execute this PURCHASE Agreement.

  • 1.19. BUYER will change password and access data, etc. to take over the individual tranche cold Wallet.

  • 1.20. SELLER shall provide evidence of confirmation of the BUYER’S FUNDS. 1.21. Steps 1.17.to 1.20. shall be repeated for subsequent tranches until all is completed.

SELLER MANDATE ONLY

Interested parties should contact :

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