The $2 Billion Crypto Trade No One Saw Coming: OTC Report | by Dominalt | Coinmonks | Feb, 2025

CRYPTO REPORTSWintermute’s OTC report refers to important cases15 min read·18 hours agoInstitutional capital is flooding into crypto, but not where you think. They are not flipping memes like the rest of us but are instead active in parallel private markets that are opaque to you and me.Well, not anymore. One of crypto’s biggest market makers reveals all in a new report about how institutional OTC crypto trading exploded in 2024. Stick around to find out what, where, and how institutional investors are trading, plus key predictions about how they could transform crypto in 2025.Today’s report is from none other than Wintermute. If you’re not familiar, Wintermute is one of the most important players in the crypto market. It’s one of crypto’s biggest market makers, providing liquidity to every corner of the cryptoverse, from decentralized exchanges to institutional over-the-counter (OTC) trading, and of course, centralized exchanges too.Today, we’ll be focusing on Wintermute’s OTC desk rather than its market-making business. OTC, or over-the-counter crypto…