The over-the-counter (OTC) business of multiple cryptocurrency trading institutions has recently shown significant growth📈. Tim Ogilvie from Kraken stated that their OTC trading volume has increased by 220% year-on-year, which is undoubtedly an astonishing figure! Meanwhile, Jake Ostrovskis from market maker Wintermute pointed out that since the elections, market activity has significantly increased, and many long-awaited institutional clients have finally begun to enter the trading.

At the same time, Embert Lin from GSR observed that as the prices of cryptocurrencies like Bitcoin and Ethereum rise, project teams and investors have become more proactive in terms of capital and risk management. In addition to mainstream coins, tokens such as Solana, BNB, Tron, and Aave are also gaining attention. One OTC trader revealed that recent trading volumes have reached levels seen during the bull market of 2021🚀.