Golden Finance reported that multiple cryptocurrency trading companies have recently reported a rapid increase in over-the-counter (OTC) trading volume in the past few months, with the election results becoming a key driver. Tim Ogilvie, head of institutional business at Kraken, stated, "OTC trading is currently exceptionally active, with trading volume surging alongside price increases." He revealed that Kraken's OTC trading volume has increased significantly by 220% year-on-year, with other trading companies also reporting similar growth. Jake Ostrovskis, an OTC trader at market maker Wintermute, pointed out that the market was relatively calm mid-year, but as the election approached and prices rose, market participants began actively preparing for the election results. He mentioned that Wintermute's collaborations with some clients have lasted for many years, and the election results have become the catalyst for initiating trades. Similarly, Embert Lin, a trader at market maker GSR, stated that since the election, the company's trading volume has significantly increased. With the prices of Bitcoin, Ethereum, and altcoins rising, projects and investors' enthusiasm for managing funds and risks at these price levels has significantly increased, while also seeking new opportunities to engage with other crypto assets beyond BTC and ETH. An OTC trader from a trading company privately revealed that recent trading volumes have easily reached levels seen during the peak heat of the cryptocurrency market in 2021. Additionally, Brett Reeves, head of Go Network at cryptocurrency custodian BitGo, pointed out that the election results are the main driving factor behind the recent surge in trading volume, with two-thirds of the trading volume generated within three months of the election results being announced.