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OTC Trading in Crypto: What it is and Who Uses it
When a hedge fund needs to acquire fifty million dollars’ worth of Bitcoin without triggering a market-wide price spike, it does not place a market order on Coinbase. It calls an OTC desk. Over-the-counter trading has become a critical infrastructure layer in the cryptocurrency market, enabling institutional and high-net-worth participants to move large sums privately, efficiently, and with minimal market impact. As digital assets attract deeper institutional capital, understanding OTC mechanics is increasingly relevant for market participants at every level. The scale of OTC activity in 2026 is significant. ... (full story)