109% Growth In Private Crypto Trading Reveals Where Institutional Volume Actually Happens Now
The cryptocurrency industry is entering a new phase where the biggest risks and safeguards are no longer defined by price volatility but by where and how institutional trades are executed, according to a report.
The report, by Finery Markets, shows that crypto spot over-the-counter (OTC) trading volumes surged 109% year over year, far outpacing growth on centralized exchanges and defying earlier industry forecasts that projected a far more modest expansion.
The data points to a structural shift in institutional behavior, with large market participants increasingly routing trades away from public order books and into private, bilateral execution venues.
Rather than reflecting speculative excess, the report frames OTC growth as a…
