Wintermute: OTC trading volume increased by 400% in 2023

Bitget App

Trade smarter

Cointime2024/01/10 06:15

By:Cointime

Market maker and liquidity provider Wintermute stated in a new report that as trading volume moves off-exchange, its over-the-counter (OTC) trading volume grew by 400% in 2023. Wintermute stated that in the first half of 2023, its OTC trading volume decreased, but individual trading volume remained stable. However, in the second half of this year, independent trading volume grew sixfold to reach 29 million transactions, while weekly OTC trading volume reached $2 billion.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

Share link:In this post: Tether, the world’s largest stablecoin issuer, mints another $1 billion worth of USDT on the Tron blockchain on Monday. The stablecoin issuer has issued roughly $12 billion of USDT on Tron since the beginning of 2025. The total supply of USDT on Tron is currently at $71.71 billion.

Cryptopolitan•2025/04/28 21:22

Josh Hawley resurrects ‘Pelosi Act’ to ban elected officials from trading markets

Share link:In this post: Senator Josh Hawley intends to push to ban members of Congress and their spouses from trading stocks. If the Pelosi Act passes, members of Congress and their spouses will have 180 days to comply. President Trump has stated that he supports the act and would sign it into law.

Cryptopolitan•2025/04/28 21:22