ChainCatcher message, the crypto market maker Wintermute stated that it now supports MELANIA OTC trading.

ChainCatcher news, Wintermute OTC released its 2024 annual review and 2025 outlook: In 2024, the U.S. Securities and Exchange Commission (SEC) approved Bitcoin and Ethereum spot ETFs, coupled with growing bipartisan support for the crypto framework, eliminating major barriers for traditional financial participants and bringing unprecedented institutional participation and capital inflow. This institutional shift is also reflected in the activities of Wintermute OTC (over-the-counter), showing similar growth momentum.A deep analysis of the trends shaping the 2024 market was conducted to identify patterns that may extend into 2025. Here are some key highlights:Wintermute's OTC trading volume grew by 313%, surpassing the overall cryptocurrency trading platform volume increase of 142%;Over 300 new independent trading pairs were traded for the first time;The average trade size increased by 17%, reflecting the trend of large block trades by institutions;OTC trading volume from traditional financial institutions grew by 240%;Derivatives trading volume increased by over 300%, with contracts for difference (CFDs) accounting for 4.3% of Wintermute OTC's total trading volume within just nine months.It is expected that the institutionalization process will accelerate in 2025, further highlighting the demand for scalable liquidity solutions, a well-developed derivatives market, and efficient trade execution. Macro trends and regulatory clarity will shape execution strategies and drive further integration of the cryptocurrency market with traditional financial markets.

ChainCatcher news, Wintermute announced on platform X that it now supports TRUMP OTC trading.

ChainCatcher news, according to The Block, Wintermute stated in its year-end report that its over-the-counter trading volume grew by 313% last year, surpassing the overall cryptocurrency trading market's annual growth rate of 142%. The report added that the number of trades increased by 250% compared to 2023. Last year's peak daily over-the-counter trading volume reached $2.24 billion, significantly up from the weekly record of $2 billion set in 2023.The report also indicated that as institutions seek more complex yield and risk management tools, the volume of over-the-counter derivatives trading grew by 300%. Wintermute noted that traditional financial participants showed greater interest in meme coins, which rapidly rose in 2024. The share of meme coins in Wintermute's over-the-counter spot trading volume increased from 7.3% in 2023 to 16.2% last year, while the share of major cryptocurrencies declined from 67.9% to 58.7%.

ChainCatcher news, RootData released the "2024 Web3 Industry Investment Research Report." The report shows that popular TGE projects in the first half of 2025 are mainly focused on BTC, artificial intelligence, and high-performance chains.2025 H1 Popular TGE Financing Overview (* indicates projects that have conducted TGE):Projects with total financing exceeding $100 million include Monad, Farcaster, *EigenLayer, *Magic Eden, Berachain;Projects with total financing between $50 million and $100 million include Babylon, *Scroll, Morpho, Eclipse;Projects with total financing between $10 million and $50 million include Sahara, Nillion, *Movement, *Puffer, Initia, Walletconnect, *Usual, Lombard, Solayer, *Bio, Sophon;Projects with total financing less than $10 million include Roam, Symbiotic, *deBridge, *Grass.In addition, the OTC market quotation amount has generally increased, with a total trading volume of 262 transactions, a month-on-month decrease of 3%; the total order quotation amount reached $1.2 billion, a month-on-month increase of 29%, with an average transaction amount of $5.2 million, a month-on-month increase of 34%. Buyers account for 41.98%, while sellers account for 58.02%. In the first half of 2025, the OTC market is led by Solana, driving the high-performance narrative of the Move ecosystem.

ChainCatcher news, according to Cointelegraph, based on data from the cryptocurrency OTC infrastructure company Finery Markets, the institutional cryptocurrency over-the-counter (OTC) trading volume in 2024 increased by 106%, primarily driven by Trump's victory in the U.S. election and the growing demand for U.S. spot cryptocurrency ETFs.The OTC trading volumes of Bitcoin, Ethereum, and stablecoins grew year-on-year by 80%, 187%, and 191% respectively in the fourth quarter. Finery stated that the Trump administration's supportive stance on cryptocurrency led to a peak in trading volume in the fourth quarter. Additionally, the OTC trading volume in the second quarter of 2024 increased by 110% year-on-year, mainly due to the "successful" launch of the U.S. spot Bitcoin ETF, while the trading volumes in the first and third quarters grew by 80% and 78% respectively.Since 2023, OTC trading volumes have continued to rise, reflecting a market that is more inclined towards private trading methods. Finery pointed out that the attitude of more traditional financial institutions towards cryptocurrency has shifted from "skeptical" to "neutral or accepting," which has also contributed to market maturation. This data is based on the analysis of 4 million spot trades on the platform in 2024.

ChainCatcher message, according to Arkham monitoring, about 19 hours ago, Bitwise Ethereum ETF transferred 15,964 ETH to the Wintermute OTC address, worth 57.18 million dollars.In addition, Bitwise Ethereum ETF also transferred 250 ETH to the Kraken Deposit address.

ChainCatcher news, according to The Block, multiple cryptocurrency trading institutions have reported significant growth in over-the-counter (OTC) business. Kraken's head of institutional business, Tim Ogilvie, revealed that its OTC trading volume has increased by 220% year-on-year. Market maker Wintermute's OTC trader, Jake Ostrovskis, stated that market activity has significantly increased since the election, and some institutional clients that have been brewing for years have begun to officially enter the trading arena.GSR trader Embert Lin pointed out that as the prices of Bitcoin, Ethereum, and other cryptocurrencies rise, project teams and investors are becoming more proactive in managing funds and risks. In addition to mainstream coins, clients are also starting to pay attention to tokens with ample liquidity, such as Solana, BNB, Tron, and Aave. An OTC trader revealed that recent trading volumes have reached levels seen during the 2021 bull market.

ChainCatcher news, Japanese listed company Metaplanet announced that it will be traded on the OTCQX market in the United States under the ticker $MTPLF.

ChainCatcher news, according to market news, OTC Markets Group welcomes Grayscale BAT Trust to OTCQX-GNW.

ChainCatcher news, according to EmberCN monitoring, Mantle (formerly BitDAO) may be repurchasing 100 million BIT from FTX/Alameda through Mirana Ventures via OTC.Two days ago, they transferred 38.73 million USDC to FTX/Alameda, and then received 105 million BIT from the FTX/Alameda address, with the OTC price possibly being $0.367. The current price of MNT (formerly BIT) is $1.03.ByBit and FTX exchanged their platform tokens in early November 2021: ByBit exchanged 100 million BIT for 3.36 million FTT from FTX, with both parties committing not to sell for three years. Currently, the 3.362 million FTT (worth $9.18 million) is still in the Mantle address.

ChainCatcher news, on-chain detective ZachXBT stated this morning that an over-the-counter (OTC) crypto scammer was raided and arrested in Europe, with assets involved amounting to approximately 17 million dollars, which have been seized. This scammer had defrauded a TAO whale of 7.1 million dollars (14,600 TAO) in February 2024, and has also scammed ZYN, MOG, Kondux, Ordiswap, Landwolf, and Hash AI whales this year, with amounts exceeding 8 million dollars.

ChainCatcher message, on-chain analyst Ai Yi reviews the incident of the U.S. government transferring Bitcoin last night, the specific process is as follows:At 00:34, the U.S. government deposited 10,000 BTC into Coinbase.At 00:47, this portion of BTC was credited to Coinbase hot wallet 3MqUP.From 00:47 to 05:38, 10,000 BTC were distributed to 21 new addresses, with each address receiving 498.445 BTC. Currently, the tokens in these addresses have not been further transferred.Comparing with the trading volume during the corresponding time period on TradingView for Coinbase, the average trading volume during the spike was only 300 BTC over 15 minutes, and the trading volume during the rebound was similar—indicating that Coinbase did not have matching trades for the 10,000 BTC dump. Ai Yi speculates that the possible scenarios for this operation are as follows: not yet sold, planning to gradually offload through subsequent wallet distributions; already taken by an institution through OTC, and not flowing into the secondary market.

ChainCatcher message, according to Arkham data, about 10 minutes ago, the Wintermute OTC marked address transferred 10,000 ETH to its Binance deposit address, approximately 31.75 million USD.

ChainCatcher news, financial services platform Matrixport announced the integration of Fly Wing Technologies Pte Ltd ("Fly Wing")'s OTC services into its APP, providing a one-stop cryptocurrency trading experience. All accounts certified by Matrixport must complete Fly Wing's eKYC process to access its OTC services.Unlike traditional C2C services, Fly Wing's OTC services facilitate fund transfers through bank transfers with partner banks, ensuring asset security and transaction transparency. This service combines compliance and convenience, aiming to lower the barriers for traditional financial investors to enter the cryptocurrency market. Currently, the OTC functionality only supports trading in USD, USDT, and USDC.

ChainCatcher news, Taran, the founder of the OTC trading platform STIX, posted on X that since July, the OTC trading volume of TIA on STIX has been approximately $60 million. Assuming STIX holds a 75% share of the OTC market, this may indicate that the turnover of TIA completed through various OTC liquidity channels exceeds $80 million.

ChainCatcher message, according to monitoring by The Data Nerd, the Wintermute OTC address received 4.65 million SPX (approximately 4.21 million USD) from a multi-signature wallet 3 hours ago.Within a month, this wallet has received SPX transferred from multiple KOLs and top holders.

ChainCatcher news, according to Onchain Lens monitoring, a certain whale deposited 4.57 million APE (approximately 5.16 million USD) to Wintermute Trading OTC. This whale withdrew these tokens from Coinbase a year ago at a price of 1.37 USD. After a year of fluctuations, this whale is facing a loss of 1.12 million USD.