Ethereum Whale Capitulates After 3 Years, Losses Top $19 Million
An ethereum whale who bought in during 2022 and 2023 capitulated on August 8, selling at a loss now exceeding $19 million, the same day a separate fresh wallet received…
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Whale Stakes $32.87M in HYPE as Token Trades 25% Below Its June Peak
A crypto whale received 557,902 HYPE tokens, worth $32.87 million, from institutional liquidity provider FalconX and immediately staked the entire amount on Hyperliquid. The move comes as HYPE trades well…
Binance Drops VIP 3 Asset Bar to $1M as 4x OTC Trading Credit Broadens Tier Access
Binance is cutting the VIP 3 wallet asset requirement to $1 million, down from $3 million, while over-the-counter (OTC) spot trading volume will now count toward overall spot volume at…
Binance OTC Spike Reveals Intensifying Institutional Grip on Crypto Liquidity
Institutional demand is rapidly reshaping crypto trade execution as Binance’s OTC desk captures surging volume, signaling a decisive shift toward private liquidity channels and strategic positioning in bitcoin markets. Binance…
Ripple’s Hidden Road Unleashes Institutional Swaps Across US
Ripple’s Hidden Road unleashes institutional-grade OTC crypto swaps in U.S., eyeing global prime brokerage dominance. Ripple’s Strategic Strike: Prime Brokerage Just Changed Forever in the US Ripple-backed Hidden Road announced…
Crypto Trading Firm and OTC Desk Wintermute Enters US Market
Wintermute, a global algorithmic crypto trading firm and over-the-counter (OTC) desk, opened its U.S. headquarters in New York City on May 15, 2025, and appointed former Blockchain Association lobbyist Ron…
DBS Bank to Launch OTC Crypto Options Trading for Institutional Clients in Q4 2024
DBS Bank, Singapore’s largest bank, has announced plans to launch over-the-counter (OTC) crypto options trading and structured notes for institutional clients in Q4 2024. This new offering will allow institutional…
OTC Crypto Spot Transaction Volume Surges 95% in H1 2024, Driven by Institutional Interest
The over-the-counter (OTC) institutional cryptocurrency market saw a dramatic increase in spot transaction volume in the first half of 2024. A recent report by Finery Markets reveals a 95% year-over-year…
South Korean Inmate on Funeral Leave Robs Crypto Buyer of $363,000
Local sources have reported that a South Korean inmate, temporarily released to attend a funeral, exploited a cryptocurrency over-the-counter (OTC) deal to rob another individual. He enticed the buyer by…
South Korea focuses on OTC crypto regulations as unlawful deals reach $4B
According to the Korea Customs Service report, the value of unlawful foreign exchange transactions made using digital currency was estimated to be worth $4 billion last year.