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 The Block, the developers behind Notcoin, Open Builders, announced the launch of the launch pool platform Earn, aimed at rewarding users who hold TON-based tokens in the Telegram Wallet app by providing a way to unlock rewards without a more complex staking mechanism to encourage user participation in the ecosystem.The team stated that Earn rewards come from the launch of new projects, which actually airdrop a portion of tokens to existing holders of TON tokens linked to Telegram (such as NOT and DOGS). Users can participate in multiple project pools simultaneously, such as the Notcoin pool or the DOGS pool, with hourly rewards distributed based on the user's ranking in the on-chain snapshot leaderboard. The team also mentioned that there are pools specifically for gold, platinum, and early Notcoin stakers.

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.