On October 2nd, according to CryptoQuant data, the total amount of BTC in the Over-the-counter Trading market exceeded 410,000, reaching the highest level since May 2022, more than twice the 185,000 in March. The balance can indicate the amount of Liquidity available for purchase or sale on the Over-the-counter Trading counter, with a high balance indicating strong Liquidity and the ability to complete large orders. Conversely, a low balance may indicate greater difficulty in trading. Over-the-counter Trading customers are mainly high-net-worth individuals or institutions outside retail trading platforms. Over-the-counter Trading allows for large-scale buying and selling without affecting the BTC price on CEX. Data shows that the balance of Over-the-counter Trading has significantly pumped in the past six months, while BTC has been on a downward trend since its historical high of $73,500 in March. The pumping of the balance is similar to the situation at the end of 2020 and the beginning of 2021, when the balance of Over-the-counter Trading skyrocketed from 235,000 tokens to 435,000 tokens in six months. The difference is that BTC's price was pumping at that time, but now it has slightly declined.