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Writer's pictureRaymond Chai

OTCbid - Bank of America: Bitcoin Now 3rd Most Crowded Trade After Tech Stocks and ESG



" Bank of America’s latest global fund manager survey shows that “long bitcoin” is now the third most crowded trade. The most crowded trade is now “long tech stocks,” followed by “long ESG.”

Bank of America’s global fund manager survey for July, published Tuesday, shows that “long bitcoin” has fallen to third place among the most crowded trades. The Global Fund Manager Survey is Bank of America Securities’ monthly report that canvasses the views of approximately 200 institutional, mutual, and hedge fund managers around the world.

The most crowded trade is now “long tech stocks,” followed by “long ESG,” and “long bitcoin.” “Long commodities” has fallen to fourth place from being the most crowded trade last month. " - Read Full Article

Source: Bitcoin



100K-500K BTC BUYER IN NYC

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

- OTCbid

-8% Gross, -4% Net, Citibank, NYC

Seller Mandate Only


NEW: 100K-500K BTC @ -8% gross, -4% net, Citibank, NYC - Look For Seller

(Buyer : PH GN-Tele)

Post: 15.7.21

​​​​​​

  • An US buyer is looking for 100K-500K BTC @ -8%gross, -4% net

  • Buyer = 3%

  • Buyerside = 1.33% (closed)

  • Sellerside = 1.33% (open)

  • Facilitators = 1.33% (closed)

  • First tranche = 1000 BTC

  • Second tranche = 10000 BTC

  • Subsequent tranches = 50000 BTC

​​​

  • ​PROCEDURE:

  • 1. Preliminary calls between mandate to mandate

  • 2. Sign contract + MT199 Pre Advice/POF

  • 3. Seller submits proof of coin

  • 4. Buyer sends swift MT 799 ,MT760 OR MT103 / conditional Binding or MT103 direct cash to seller receiving bank

  • 5. Seller transfers BTC to buyer

  • 6. After verification done and BTC validated, Buyer transfers payment to seller by MT103 TT for block fund payment mode, for MT103 direct cash, we move to next transaction until contract exhausted.

SELLER MANDATE ONLY

Interested parties should contact :

​​

  • OTCbid@gmail.com

  • DM Raymond Chai (on Linkedin)

  • Telegram @OTCbiddotcom

  • Telegram: +1 (786) 632 8577

  • T.me/otc_bid

  • OTCbid.com


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