OTC Crypto Trading Surges 106% Driven by Election and Stablecoin Demand
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最新报道：OTC crypto trading surged 106% in Q2 2024, driven by election-related stablecoin demand, according to a report by institutional trading platform Hidden Road. The spike reflects heightened market volatility and hedging activity as investors seek stable assets during political uncertainty. Stablecoins accounted for 68% of OTC volume, with USDT and USDC dominating trades. Hidden Road noted increased institutional participation, particularly from hedge funds and family offices, using OTC desks for large transactions to minimize market impact. The report suggests the trend may continue through the U.S. election cycle, with OTC crypto volumes potentially exceeding exchange volumes in key markets.
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