Retail Traders Left in the Dark as OTC Deals Skew Crypto Markets
Bitcoin Price Plunge Sparks Outrage: Binance Targeted For Alleged Market Manipulation
Bitcoin’s sharp price decline has intensified scrutiny on major crypto exchanges, with retail traders and analysts pointing fingers at Binance for potential market manipulation. The controversy is part of a broader debate around opaque trading practices, particularly over-the-counter (OTC) token deals that institutional investors and market makers are accused of using to lock in profits at the expense of retail traders. These practices are said to contribute to price volatility and erode trust in the market’s fairness.
Jelle Buth, co-founder of market maker Enflux, explained that OTC deals allow institutional investors to secure tokens at steep…
