#otc
otc
749,049 views
280 Discussing
Hot
Latest
Ethereum Foundation Sells 10K ETH to BitMine for $22.9M
The Ethereum Foundation finalized an OTC sale of 10,000 ETH to Tom Lee’s BitMine at $2,292.15 per ETH, raising ∼$22.9M. It’s the latest in a series of treasury sales this year.
Deal Details
^ Sale: 10,000 ETH sold to BitMine Immersion Technologies in over-the-counter deal
^ Price: $2,292.15 average per ETH, ∼$22.9M total proceeds
^ Previous: Follows March sale of 5,000 ETH to BitMine at $2,042 per ETH for $10.2M
^ Execution: Transfer from Ethereum Foundation-controlled multisig wallet, part of push for treasury transparency
Treasury Strategy
* Use of Funds: Core operations including protocol R&D, ecosystem growth, and community grants
* Approach: Part of formal treasury management — periodic ETH-to-fiat conversions to maintain operating runway and reduce market impact
* Method: OTC deals to avoid disrupting spot markets
BitMine’s Role
^ Repeat Buyer: BitMine, helmed by Fundstrat’s Tom Lee, is now a key institutional accumulator of ETH from the foundation
^ Position: Multiple direct purchases this year underscore growing role as one of the largest corporate ETH holders
#ETH #EthereumFoundation #OTC #ETHSale
$ETH
The Ethereum Foundation finalized an OTC sale of 10,000 ETH to Tom Lee’s BitMine at $2,292.15 per ETH, raising ∼$22.9M. It’s the latest in a series of treasury sales this year.
Deal Details
^ Sale: 10,000 ETH sold to BitMine Immersion Technologies in over-the-counter deal
^ Price: $2,292.15 average per ETH, ∼$22.9M total proceeds
^ Previous: Follows March sale of 5,000 ETH to BitMine at $2,042 per ETH for $10.2M
^ Execution: Transfer from Ethereum Foundation-controlled multisig wallet, part of push for treasury transparency
Treasury Strategy
* Use of Funds: Core operations including protocol R&D, ecosystem growth, and community grants
* Approach: Part of formal treasury management — periodic ETH-to-fiat conversions to maintain operating runway and reduce market impact
* Method: OTC deals to avoid disrupting spot markets
BitMine’s Role
^ Repeat Buyer: BitMine, helmed by Fundstrat’s Tom Lee, is now a key institutional accumulator of ETH from the foundation
^ Position: Multiple direct purchases this year underscore growing role as one of the largest corporate ETH holders
#ETH #EthereumFoundation #OTC #ETHSale
$ETH
Rumors out that #OTC desks are watching a peculiar crypto rally unfold.
Spencer Hallarn, Global Head of OTC at GSR, notes that while equity markets are getting smashed, crypto, especially old-school tokens like $FIL , $LTC , $NEAR , $DOT, and $ETC are surging.
He suggests an exchange might be repurchasing spot to make users whole after the Oct. 10 liquidations, unusual amid pervasive negative funding.
Something feels off about this rally👀
Spencer Hallarn, Global Head of OTC at GSR, notes that while equity markets are getting smashed, crypto, especially old-school tokens like $FIL , $LTC , $NEAR , $DOT, and $ETC are surging.
He suggests an exchange might be repurchasing spot to make users whole after the Oct. 10 liquidations, unusual amid pervasive negative funding.
Something feels off about this rally👀
Hey, I have something bad to say. My bank card has been suspended from non-counter transactions. Yesterday morning, I suddenly found that the card status was abnormal. I called the Guangfa customer service to ask the reason. The customer service replied that they could not see the reason and needed to go to the branch with the card and ID card to check. Yesterday afternoon, I went to the branch for consultation. The business staff received me very politely, and then skillfully helped me check the reason. They said that it was operated by a competent agency (it should be the judiciary and public security), but they could not find out who it was. They could only see that it might be because of abnormal transactions from June to September last year. I asked the salesperson how to unlock it. He answered me that the card could not be unlocked and it had reached the highest risk point. If I continue to hold this card, I can only deposit money non-counter, and I need to go to the counter to withdraw money. And every transaction will be due diligence. He suggested that I can no longer apply for Guangfa cards in the future. #otc #美联储何时降息？ $BNB $BTC Hey, it’s really painful. I lost a first-class account card
🇯🇵 Japan Considers Easing OTC Crypto Access for Institutions
Japan is reportedly exploring new frameworks that would allow institutional investors easier access to OTC (over-the-counter) crypto markets.
This could open doors for higher liquidity + more regulated institutional flows into major digital assets.
Regulators discussing easier OTC crypto participation for licensed firms
Goal: support expansion while maintaining investor protection
Could bring more liquidity into high-credibility assets like BTC, ETH, SOL
May improve institutional-grade crypto services in Japan
If Japan approves smoother OTC access, it could spark a new wave of institutional accumulation.
This would strengthen Asia’s role in crypto markets and create healthier liquidity — especially for blue-chip assets.
#Japan #OTC #Regulation #AsiaMarkets #Blockchain $BTC
Japan is reportedly exploring new frameworks that would allow institutional investors easier access to OTC (over-the-counter) crypto markets.
This could open doors for higher liquidity + more regulated institutional flows into major digital assets.
Regulators discussing easier OTC crypto participation for licensed firms
Goal: support expansion while maintaining investor protection
Could bring more liquidity into high-credibility assets like BTC, ETH, SOL
May improve institutional-grade crypto services in Japan
If Japan approves smoother OTC access, it could spark a new wave of institutional accumulation.
This would strengthen Asia’s role in crypto markets and create healthier liquidity — especially for blue-chip assets.
#Japan #OTC #Regulation #AsiaMarkets #Blockchain $BTC
Bybit CEO Says 77% of Stolen Funds in Bybit Hack Still Traceable
Bybit CEO says 77% of stolen funds are still traceable, 20% are gone, and 3% are frozen.
On-chain data tracker Ember reported that the Bybit hack laundered all of the stolen funds, which is 499,000 ETH.
The Bybit hack has taken a new turn as on-chain data tracker Ember reported that the hacker has released all of the funds. Meanwhile, Bybit CEO Ben Zhou shared an executive summary of the stolen funds. Of the total stolen funds, 77% are still traceable, 20% are gone, and 3% are frozen.
Ben Zhou shared full details of the funds and their conversion to other cryptocurrencies. 83% of the total hacked funds were converted to Bitcoin using 6,954 wallets. Ben stated that the next few weeks are crucial in tracking the funds as the funds will start clearing on exchanges via P2P and OTC.
The Bybit hack worth around $1.4 billion shook the industry, including the North Korean hacker group. Rather than be baffled, Bybit closed the ETH deficit within 48 hours to maintain liquidity and provide uninterrupted services.
#bybit_hack
#P2P #OTC #ETH
$ETH
Bybit CEO says 77% of stolen funds are still traceable, 20% are gone, and 3% are frozen.
On-chain data tracker Ember reported that the Bybit hack laundered all of the stolen funds, which is 499,000 ETH.
The Bybit hack has taken a new turn as on-chain data tracker Ember reported that the hacker has released all of the funds. Meanwhile, Bybit CEO Ben Zhou shared an executive summary of the stolen funds. Of the total stolen funds, 77% are still traceable, 20% are gone, and 3% are frozen.
Ben Zhou shared full details of the funds and their conversion to other cryptocurrencies. 83% of the total hacked funds were converted to Bitcoin using 6,954 wallets. Ben stated that the next few weeks are crucial in tracking the funds as the funds will start clearing on exchanges via P2P and OTC.
The Bybit hack worth around $1.4 billion shook the industry, including the North Korean hacker group. Rather than be baffled, Bybit closed the ETH deficit within 48 hours to maintain liquidity and provide uninterrupted services.
#bybit_hack
#P2P #OTC #ETH
$ETH
Is it important to rise and fall? Is a guaranteed profit not better than gambling? U-commerce knowledge free teaching, according to Buffett's compound interest theory, even if the cryptocurrency market rises sharply, it is not as good as C2C. Even if you make one point a day, accumulating over a year is very frightening, whether the market maker is pumping or dumping.
When brothers make money, they think of me. Time is the only standard to test safety, based on my experience in safe capital entry and exit risk control! Safe and secure #OTC
$USDC $USDT $BTC #稳定币
#稳定币法案 #u商 #OTC 2 On June 6th, eight departments of the central bank jointly issued Document No. 42.
This document has blocked the front door for our grassroots people to rise in wealth with the lowest threshold, the simplest, and the easiest way!
It has closed the path of the only major trend that does not require connections, educational qualifications, skills, or resources.
Moreover, off-exchange OTC has also been completely outlawed. U merchants should not harbor any delusions. [Stunned] You absolutely must not touch this. Personal withdrawals are also very dangerous; the larger the funds, the higher the risk. Withdrawing funds is illegal, which means fewer and fewer people are trading cryptocurrencies domestically. U merchants are very easy to get caught; once caught, even individuals who have traded with them will be investigated as accomplices and face sentencing, which means that no matter how much money is made from trading cryptocurrencies, there is no way to withdraw it and spend it domestically. Even if you have a safe way to withdraw funds, carrying cash cannot be used for large purchases, and having cash still means living a poor life.
Most people in the circle should listen to what Munger said:
If I knew where I would die, I would never go there.
#稳定币法案 #u商 #OTC 2 On June 6th, eight departments of the central bank jointly issued Document No. 42.
This document has blocked the front door for our grassroots people to rise in wealth with the lowest threshold, the simplest, and the easiest way!
It has closed the path of the only major trend that does not require connections, educational qualifications, skills, or resources.
Moreover, off-exchange OTC has also been completely outlawed. U merchants should not harbor any delusions. [Stunned] You absolutely must not touch this. Personal withdrawals are also very dangerous; the larger the funds, the higher the risk. Withdrawing funds is illegal, which means fewer and fewer people are trading cryptocurrencies domestically. U merchants are very easy to get caught; once caught, even individuals who have traded with them will be investigated as accomplices and face sentencing, which means that no matter how much money is made from trading cryptocurrencies, there is no way to withdraw it and spend it domestically. Even if you have a safe way to withdraw funds, carrying cash cannot be used for large purchases, and having cash still means living a poor life.
Most people in the circle should listen to what Munger said:
If I knew where I would die, I would never go there.
#night $NIGHT The non-extreme anonymous black box, nor is it a transparent naked run, @MidnightNetwork uses zero-knowledge proof (ZK) to thoroughly separate 'proof' from 'exposure', paving a dignified new path for bulk OTC transactions.
In the past, when making large transactions, the biggest fear was revealing one's hand too early. To prove one's strength and capital, one often had to disclose addresses, record screens, and show balances. Even before a deal was struck, the counterpart could clearly understand your asset trajectory, trading habits, and sources of funds. The risk of exposure was imminent, and even a slight connection to sensitive contracts could lead to the entire address being permanently blacklisted. That kind of 'mystical trust' made people walk on thin ice.
Midnight directly solves the dilemma with mathematics. You only need to generate a credit proof for this transaction — 'I have enough NIGHT, the source is compliant' — and what the other party sees is an indisputable result mathematically. Specific addresses, other positions, historical records, not a single detail is leaked. This 'focus on the essentials, not exposing the underwear' attitude is the dignity that bulk transactions should have.
Even more impressive is the selective disclosure interface. It leaves an audit backdoor: during the transaction, it can precisely disclose KYC and source audits to regulatory nodes and bank risk control, while being completely invisible to the public and counterparties. The balance of 'transparency to rules, invisibility to the market' allows institutional-level OTC to bid farewell to gray areas. Privacy smart contracts also seal off human weaknesses — as long as both parties pass ZK verification and funds are securely held, the contract executes automatically, and the intermediary neither sees the real bottom price nor can intercept details.
The dual-token design is equally ingenious. NIGHT is responsible for public governance, staking, voting, and bridging with Cardano, with a total of 24 billion, ensuring transparency and regulatory compliance; DUST is the exclusive privacy fuel, decaying over time, specifically for privacy transactions and contract execution. Governance walks the sunny road, while privacy hides in the dark, achieving a perfect balance between compliance and protection.
Midnight is actually helping the crypto business regain the lost civilization: from the naked run on fully transparent chains to now wearing suits and closing doors to conduct business with dignity. It reminds us that true progress is not found in extremes, but in finding a verifiable, auditable middle path that preserves dignity in dilemmas. NIGHT may very well be the underlying key worth holding onto for the next stage. #OTC #隐私 #加密
In the past, when making large transactions, the biggest fear was revealing one's hand too early. To prove one's strength and capital, one often had to disclose addresses, record screens, and show balances. Even before a deal was struck, the counterpart could clearly understand your asset trajectory, trading habits, and sources of funds. The risk of exposure was imminent, and even a slight connection to sensitive contracts could lead to the entire address being permanently blacklisted. That kind of 'mystical trust' made people walk on thin ice.
Midnight directly solves the dilemma with mathematics. You only need to generate a credit proof for this transaction — 'I have enough NIGHT, the source is compliant' — and what the other party sees is an indisputable result mathematically. Specific addresses, other positions, historical records, not a single detail is leaked. This 'focus on the essentials, not exposing the underwear' attitude is the dignity that bulk transactions should have.
Even more impressive is the selective disclosure interface. It leaves an audit backdoor: during the transaction, it can precisely disclose KYC and source audits to regulatory nodes and bank risk control, while being completely invisible to the public and counterparties. The balance of 'transparency to rules, invisibility to the market' allows institutional-level OTC to bid farewell to gray areas. Privacy smart contracts also seal off human weaknesses — as long as both parties pass ZK verification and funds are securely held, the contract executes automatically, and the intermediary neither sees the real bottom price nor can intercept details.
The dual-token design is equally ingenious. NIGHT is responsible for public governance, staking, voting, and bridging with Cardano, with a total of 24 billion, ensuring transparency and regulatory compliance; DUST is the exclusive privacy fuel, decaying over time, specifically for privacy transactions and contract execution. Governance walks the sunny road, while privacy hides in the dark, achieving a perfect balance between compliance and protection.
Midnight is actually helping the crypto business regain the lost civilization: from the naked run on fully transparent chains to now wearing suits and closing doors to conduct business with dignity. It reminds us that true progress is not found in extremes, but in finding a verifiable, auditable middle path that preserves dignity in dilemmas. NIGHT may very well be the underlying key worth holding onto for the next stage. #OTC #隐私 #加密
#MichaelEgorov , founder of Curve, tackled an $80M #debt by selling 158M CRV tokens at $0.4 each, a 30% market discount, in #OTC deals to avoid DeFi #loan #liquidation . Despite a lock-up agreement, market pressures loom. $CRV
$RIVER 1H level has undergone a massive surge and is currently in a strong high-level consolidation. The 4H level has confirmed a breakthrough of a long-term downtrend, forming a V-shaped reversal prototype. Although the current price is far from the 1-hour moving average, the open interest remains stable, indicating that funds have not significantly withdrawn, which is a sign of a healthy technical correction. The depth of buy orders far exceeds that of sell orders, demonstrating the obvious intention of the main force to protect the market. RSI 1H is high but has not formed a top divergence, and momentum still exists.
🎯 Direction: Long (Pullback Order)
⚡ Entry/Order: 16.591 - 16.963
🛑 Stop Loss: 15.800
🚀 Target 1: 18.800
🚀 Target 2: 19.800
🛡️ Trade Management:
- Execution Strategy: If the order is filled, reduce the position by 50% after reaching Target 1 and move the stop loss to the entry price. The remaining position will track the previous low of the 1H level as a trailing stop to capture more space. If the price cannot stabilize at the upper edge of the entry zone, abandon this trade.
(Deep Logic: This cryptocurrency has increased by more than 32% within 4 hours, and the trading volume has surged, which is a typical characteristic of a hot coin starting. The open interest remains stable after the price surge, indicating that it is not a purely short squeeze market, and new funds may be continuously involved. The 1-hour RSI is healthily retreating from the overbought area, preparing for another assault. The area around 16.5-17.0 is a densely traded area from the previous breakout and is also near the 1-hour EMA50 moving average, forming strong support. Combined with the advantage of buy order depth, a pullback is an opportunity.)
Check real-time market 👇$RIVER
---
Follow me: Get more real-time analysis and insights into the crypto market!
#X移除加密禁令 $BTC took a break today, two orders, seven thousand oil is enough #X移除加密禁令 #otc
@币安广场
$ETH
🎯 Direction: Long (Pullback Order)
⚡ Entry/Order: 16.591 - 16.963
🛑 Stop Loss: 15.800
🚀 Target 1: 18.800
🚀 Target 2: 19.800
🛡️ Trade Management:
- Execution Strategy: If the order is filled, reduce the position by 50% after reaching Target 1 and move the stop loss to the entry price. The remaining position will track the previous low of the 1H level as a trailing stop to capture more space. If the price cannot stabilize at the upper edge of the entry zone, abandon this trade.
(Deep Logic: This cryptocurrency has increased by more than 32% within 4 hours, and the trading volume has surged, which is a typical characteristic of a hot coin starting. The open interest remains stable after the price surge, indicating that it is not a purely short squeeze market, and new funds may be continuously involved. The 1-hour RSI is healthily retreating from the overbought area, preparing for another assault. The area around 16.5-17.0 is a densely traded area from the previous breakout and is also near the 1-hour EMA50 moving average, forming strong support. Combined with the advantage of buy order depth, a pullback is an opportunity.)
Check real-time market 👇$RIVER
---
Follow me: Get more real-time analysis and insights into the crypto market!
#X移除加密禁令 $BTC took a break today, two orders, seven thousand oil is enough #X移除加密禁令 #otc
@币安广场
$ETH
Guys, we talked about $OM entering a bit more into the limbo of MANTRA, it is important to bring a third scenario that helps to understand what may have happened: the OTC practice.
We are not here to judge whether there was or was not direct involvement from the MANTRA team, but to clarify how this dynamic works.
During the expansion period, MANTRA established several partnerships with large financial institutions — and in many cases, these "partnerships" mean investments made outside of the open market, through OTC operations.
In practice, an institution invests directly in the project, receiving millions of tokens in exchange.
These tokens function almost like a collateral loan: the investor can sell them whenever they want, and the project hardly has the cash to buy them back.
When these liquidations occur en masse, the graphic impact is inevitable — and the public tends to blame the development team.
The truth is that many projects resort to OTC as a way to ensure financial breathing room to continue their deliveries.
The problem is that there is not always transparency about these transactions, and the smaller investor ends up being caught by surprise when they see the graph plummet.
The doubt will always persist!!!
#om #OTC #FOMO
$OM
We are not here to judge whether there was or was not direct involvement from the MANTRA team, but to clarify how this dynamic works.
During the expansion period, MANTRA established several partnerships with large financial institutions — and in many cases, these "partnerships" mean investments made outside of the open market, through OTC operations.
In practice, an institution invests directly in the project, receiving millions of tokens in exchange.
These tokens function almost like a collateral loan: the investor can sell them whenever they want, and the project hardly has the cash to buy them back.
When these liquidations occur en masse, the graphic impact is inevitable — and the public tends to blame the development team.
The truth is that many projects resort to OTC as a way to ensure financial breathing room to continue their deliveries.
The problem is that there is not always transparency about these transactions, and the smaller investor ends up being caught by surprise when they see the graph plummet.
The doubt will always persist!!!
#om #OTC #FOMO
$OM
🚨 *BREAKING NEWS in Crypto!* 🚨
*B....* has just made a massive move in the market by spending *100 million USDT* to buy *36,893 ETH* at an average price of *2,711 each*. This purchase was made through *Over-The-Counter (OTC)* trading with the help of *G.D* and *F......*. 💰
🔹 *What's the Big Deal?*
- B.......'s move signals major confidence in *Ethereum's* price. Buying such a large amount of ETH at this price range shows that they’re betting on *ETH's future growth*. 🌱
- This could also lead to *price stability* or a *potential price increase*, as major players like B...... are securing a solid amount of ETH off the market. 🛒
🔹 *What's Next?*
- B..... isn't stopping here. They’ve spent *100M* and are reportedly eyeing *1.3B* more in purchases. This could drive *ETH’s* price even higher if it becomes a trend! 🚀
- *Ethereum* has been gaining more traction as it continues to develop and scale, making it an attractive asset for traders and institutions alike. 🏗️
👀 Stay tuned because *this move* could have a significant impact on *ETH’s price* and the *overall crypto market* in the coming days!
$ETH
#Ethereum #ETH #OTC #CryptoNews #EthereumPrice
*B....* has just made a massive move in the market by spending *100 million USDT* to buy *36,893 ETH* at an average price of *2,711 each*. This purchase was made through *Over-The-Counter (OTC)* trading with the help of *G.D* and *F......*. 💰
🔹 *What's the Big Deal?*
- B.......'s move signals major confidence in *Ethereum's* price. Buying such a large amount of ETH at this price range shows that they’re betting on *ETH's future growth*. 🌱
- This could also lead to *price stability* or a *potential price increase*, as major players like B...... are securing a solid amount of ETH off the market. 🛒
🔹 *What's Next?*
- B..... isn't stopping here. They’ve spent *100M* and are reportedly eyeing *1.3B* more in purchases. This could drive *ETH’s* price even higher if it becomes a trend! 🚀
- *Ethereum* has been gaining more traction as it continues to develop and scale, making it an attractive asset for traders and institutions alike. 🏗️
👀 Stay tuned because *this move* could have a significant impact on *ETH’s price* and the *overall crypto market* in the coming days!
$ETH
#Ethereum #ETH #OTC #CryptoNews #EthereumPrice
Login to explore more contents