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STOP Trading OTC Now: The Legal Hammer is Dropping 🚨 This isn't just about your personal $BTC trades anymore. When you start facilitating for others—recruiting, acting as an intermediary, taking cuts, or matching trades—you cross a line. šŸ›‘ In the eyes of the law, that shifts from personal investment to illegal financial operation. The key focus is "subjective knowledge" and the "method of operation." Governments tolerate speculation, but they absolutely cannot tolerate private entities controlling settlement and currency exchange capabilities long-term. Anyone still running OTC desks or commission models domestically is essentially signing their own institutional death warrant. Focus on self-custody and personal strategy. #CryptoRegulation #OTC #LegalRisk #DeFi āš–ļø {future}(BTCUSDT)
STOP Trading OTC Now: The Legal Hammer is Dropping 🚨

This isn't just about your personal $BTC trades anymore. When you start facilitating for others—recruiting, acting as an intermediary, taking cuts, or matching trades—you cross a line. šŸ›‘

In the eyes of the law, that shifts from personal investment to illegal financial operation. The key focus is "subjective knowledge" and the "method of operation."

Governments tolerate speculation, but they absolutely cannot tolerate private entities controlling settlement and currency exchange capabilities long-term.

Anyone still running OTC desks or commission models domestically is essentially signing their own institutional death warrant. Focus on self-custody and personal strategy.

#CryptoRegulation #OTC #LegalRisk #DeFi āš–ļø
STOP Trading OTC Now: The Legal Hammer is Dropping 🚨 This isn't just about your personal $BTC trades anymore. When you start facilitating for others—recruiting, handling funds, taking cuts, or matching trades—you cross the line from investing to illegal financial operations. āš–ļø The key judicial focus is clear: intent and method. Regulators tolerate speculation, but they absolutely will not allow private entities to control long-term settlement and currency exchange capabilities. Anyone still running OTC desks or commission-based services domestically is facing a systemic death sentence. Get out now. #CryptoRegulation #OTC #MarketRisk #Compliance šŸ›‘ {future}(BTCUSDT)
STOP Trading OTC Now: The Legal Hammer is Dropping 🚨

This isn't just about your personal $BTC trades anymore. When you start facilitating for others—recruiting, handling funds, taking cuts, or matching trades—you cross the line from investing to illegal financial operations. āš–ļø

The key judicial focus is clear: intent and method. Regulators tolerate speculation, but they absolutely will not allow private entities to control long-term settlement and currency exchange capabilities.

Anyone still running OTC desks or commission-based services domestically is facing a systemic death sentence. Get out now.

#CryptoRegulation #OTC #MarketRisk #Compliance šŸ›‘
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Many people still don't understand: Buying and trading coins yourself, whether you make a profit or a loss, is essentially just a personal investment behavior, and the judiciary usually won't intervene. #币圈 But once you start "handling problems for others," the nature completely changes— For example, bringing people into the circle, acting as a buyer or seller, taking commissions, facilitating currency exchange, and wash trading are behaviors that can easily be identified as illegal operations, or even considered part of a conspiracy structure. From the perspective of the judicial system, this is no longer an investment, but rather an underground financial service system. The core only looks at two points: subjective knowledge + mode of behavior. You can gamble and incur losses, but private long-term control over settlement and currency exchange capabilities is absolutely not allowed. Still operating domestically #OTC , #返佣 , the risk in one sentence: systemic death sentence. #åŠ åÆ†åø‚åœŗč§‚åÆŸ
Many people still don't understand:
Buying and trading coins yourself, whether you make a profit or a loss, is essentially just a personal investment behavior, and the judiciary usually won't intervene. #币圈

But once you start "handling problems for others," the nature completely changes—
For example, bringing people into the circle, acting as a buyer or seller, taking commissions, facilitating currency exchange, and wash trading are behaviors that can easily be identified as illegal operations, or even considered part of a conspiracy structure.

From the perspective of the judicial system, this is no longer an investment, but rather an underground financial service system.
The core only looks at two points: subjective knowledge + mode of behavior.

You can gamble and incur losses, but private long-term control over settlement and currency exchange capabilities is absolutely not allowed.
Still operating domestically #OTC , #返佣 , the risk in one sentence: systemic death sentence. #åŠ åÆ†åø‚åœŗč§‚åÆŸ
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20 years in the industry as a #OTC merchant, then getting involved in spot contracts. Over these years, there have been ups and downs, resulting in many gray hairs. It's really exhausting for those with a poor mindset in this circle. I hope 2026 goes smoothly! #OTC 24 hours online for instant release.
20 years in the industry as a #OTC merchant, then getting involved in spot contracts. Over these years, there have been ups and downs, resulting in many gray hairs. It's really exhausting for those with a poor mindset in this circle. I hope 2026 goes smoothly! #OTC 24 hours online for instant release.
TRENT It has shown a good reversal on Daily basis. Closed at 4206/- I am expecting an upside and it can test 4372/-, 4486/- and 4543/- 4543/- is biggest resistance and if taken out then can hit 4892/- #OTC #USDTšŸ”„šŸ”„šŸ”„
TRENT

It has shown a good reversal on Daily basis.
Closed at 4206/-
I am expecting an upside and it can test 4372/-, 4486/- and 4543/-
4543/- is biggest resistance and if taken out then can hit 4892/-
#OTC #USDTšŸ”„šŸ”„šŸ”„
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A man in Hong Kong was scammed while exchanging 1 million Hong Kong dollars for the virtual currency USDT at an unlicensed OTC store in Kwun Tong, as the store took the cash but did not remit it to him. There are over 200 unlicensed virtual currency exchange stores in Hong Kong #USDT #香港 #OTC
A man in Hong Kong was scammed while exchanging 1 million Hong Kong dollars for the virtual currency USDT at an unlicensed OTC store in Kwun Tong, as the store took the cash but did not remit it to him.

There are over 200 unlicensed virtual currency exchange stores in Hong Kong
#USDT #香港 #OTC
Crypto OTC Trading Volume Surges 106% in 2024, Fueled by Institutional InterestThe cryptocurrency Over-the-Counter (OTC) market witnessed a staggering 106% annual growth in 2024, reflecting the industry’s rising prominence among institutional investors. According to a review by Finery Markets, this surge was driven by a combination of institutional demand, favorable political changes, and macroeconomic trends. Notably, the fourth quarter of 2024 recorded a remarkable 177% year-on-year increase in OTC volumes, signaling the market’s maturity and growing appeal. Key Factors Driving OTC Growth in 2024 Institutional Adoption on the Rise Institutions have become the cornerstone of the OTC crypto market: Why Institutions Prefer OTC Trading: OTC desks enable the seamless handling of large-volume trades, ensuring minimal market impact and avoiding price slippage often encountered on public exchanges. The Shift to Crypto: Traditional financial giants, including major asset managers, have transitioned from skepticism to actively engaging with crypto, marking a pivotal moment in mainstream adoption. Impact of Bitcoin and Ethereum ETFs The launch of Bitcoin and Ethereum exchange-traded funds (ETFs) played a critical role in boosting OTC volumes: Building Investor Confidence: ETFs offer regulated access to cryptocurrencies, attracting a mix of retail and institutional investors. Facilitating Liquidity: OTC desks were instrumental in supporting ETF-related demand by executing large-scale trades efficiently. Pro-Crypto Political Momentum The 2024 U.S. presidential election saw the return of a pro-crypto administration under Donald Trump, fostering a wave of optimism: Regulatory Clarity: Anticipation of clear, favorable crypto policies encouraged institutional players to increase their stakes in the market. Market Expansion: Institutions leveraged strategic partnerships and acquisitions to capitalize on the favorable political environment. Macroeconomic Stability and Crypto Adoption Economic uncertainty and shifting global trends further amplified interest in OTC trading: Hedge Against Volatility: Cryptocurrencies emerged as a reliable hedge in turbulent markets, drawing institutional funds. Global Alignment: Regulatory improvements in regions like the U.S. and Europe provided the confidence needed for large-scale participation. A Stellar Fourth Quarter The final quarter of 2024 was a standout period, recording a 177% year-on-year growth in OTC trading: Surging Demand: Institutional appetite for Bitcoin, Ethereum, and other major cryptocurrencies hit record highs. Evolving Market Dynamics: The combination of ETF-driven demand and post-election optimism fueled a significant uptick in trading activity. How Institutional Interest Is Shaping the Crypto Market A Shift in Perception Traditional finance is embracing crypto: From Skepticism to Action: Institutions now view digital assets as an essential part of diversified portfolios. Strategic Investments: Leading banks, hedge funds, and asset managers are investing in crypto infrastructure or acquiring native firms to strengthen their positions. Focus on Infrastructure Development Institutions are prioritizing robust crypto infrastructure: Custody Solutions: Enhancing the secure storage of digital assets. Liquidity Providers: Collaborating with OTC desks to execute high-value trades. Blockchain Adoption: Integrating decentralized technologies for greater efficiency. Why OTC Desks Are Vital for Institutions Efficient Execution of Large Trades OTC desks offer unparalleled advantages: Market Stability: Large transactions can be executed without disrupting market prices. Privacy and Security: Institutions value the discretion that OTC platforms provide. Leading Players and Services Key OTC providers, including Binance OTC, Coinbase Prime, and Galaxy Digital, have seen remarkable growth: Diverse Offerings: Many OTC desks now provide derivatives, staking, and lending services tailored for institutional clients. Market Leadership: Binance OTC remains a preferred platform for its seamless user experience, deep liquidity, and competitive rates. What’s Next for Crypto OTC Markets? Opportunities Ahead Deeper Institutionalization: As regulatory clarity improves, more traditional players are expected to join the market. Innovation in Trading Tools: AI-driven analytics and automated solutions are set to revolutionize OTC operations. Global Expansion: Emerging markets will play a pivotal role in driving demand for OTC services. Challenges to Overcome Volatility Risks: Price fluctuations could pose hurdles for long-term institutional confidence. Regulatory Uncertainty: While trends are positive, sudden policy shifts could impact market stability. Conclusion The explosive growth of crypto OTC trading in 2024 underscores the sector’s evolution into a cornerstone of institutional finance. Fueled by ETF adoption, political support, and the rising acceptance of digital assets, OTC desks are at the forefront of facilitating this transformation. With innovation and infrastructure development leading the charge, the future of crypto finance looks brighter than ever. For the latest insights and updates on the world of crypto, visit Binance Blog, where we delve into market trends, institutional moves, and the innovations shaping the future of digital finance. #USPPITrends #BTCMove #OTC $ETH {spot}(ETHUSDT) $BTC {spot}(BTCUSDT)

Crypto OTC Trading Volume Surges 106% in 2024, Fueled by Institutional Interest

The cryptocurrency Over-the-Counter (OTC) market witnessed a staggering 106% annual growth in 2024, reflecting the industry’s rising prominence among institutional investors. According to a review by Finery Markets, this surge was driven by a combination of institutional demand, favorable political changes, and macroeconomic trends. Notably, the fourth quarter of 2024 recorded a remarkable 177% year-on-year increase in OTC volumes, signaling the market’s maturity and growing appeal.

Key Factors Driving OTC Growth in 2024
Institutional Adoption on the Rise
Institutions have become the cornerstone of the OTC crypto market:
Why Institutions Prefer OTC Trading: OTC desks enable the seamless handling of large-volume trades, ensuring minimal market impact and avoiding price slippage often encountered on public exchanges.
The Shift to Crypto: Traditional financial giants, including major asset managers, have transitioned from skepticism to actively engaging with crypto, marking a pivotal moment in mainstream adoption.

Impact of Bitcoin and Ethereum ETFs
The launch of Bitcoin and Ethereum exchange-traded funds (ETFs) played a critical role in boosting OTC volumes:
Building Investor Confidence: ETFs offer regulated access to cryptocurrencies, attracting a mix of retail and institutional investors.
Facilitating Liquidity: OTC desks were instrumental in supporting ETF-related demand by executing large-scale trades efficiently.

Pro-Crypto Political Momentum
The 2024 U.S. presidential election saw the return of a pro-crypto administration under Donald Trump, fostering a wave of optimism:
Regulatory Clarity: Anticipation of clear, favorable crypto policies encouraged institutional players to increase their stakes in the market.
Market Expansion: Institutions leveraged strategic partnerships and acquisitions to capitalize on the favorable political environment.

Macroeconomic Stability and Crypto Adoption
Economic uncertainty and shifting global trends further amplified interest in OTC trading:
Hedge Against Volatility: Cryptocurrencies emerged as a reliable hedge in turbulent markets, drawing institutional funds.
Global Alignment: Regulatory improvements in regions like the U.S. and Europe provided the confidence needed for large-scale participation.

A Stellar Fourth Quarter
The final quarter of 2024 was a standout period, recording a 177% year-on-year growth in OTC trading:
Surging Demand: Institutional appetite for Bitcoin, Ethereum, and other major cryptocurrencies hit record highs.
Evolving Market Dynamics: The combination of ETF-driven demand and post-election optimism fueled a significant uptick in trading activity.

How Institutional Interest Is Shaping the Crypto Market
A Shift in Perception
Traditional finance is embracing crypto:
From Skepticism to Action: Institutions now view digital assets as an essential part of diversified portfolios.
Strategic Investments: Leading banks, hedge funds, and asset managers are investing in crypto infrastructure or acquiring native firms to strengthen their positions.

Focus on Infrastructure Development
Institutions are prioritizing robust crypto infrastructure:
Custody Solutions: Enhancing the secure storage of digital assets.
Liquidity Providers: Collaborating with OTC desks to execute high-value trades.
Blockchain Adoption: Integrating decentralized technologies for greater efficiency.

Why OTC Desks Are Vital for Institutions
Efficient Execution of Large Trades
OTC desks offer unparalleled advantages:
Market Stability: Large transactions can be executed without disrupting market prices.
Privacy and Security: Institutions value the discretion that OTC platforms provide.

Leading Players and Services
Key OTC providers, including Binance OTC, Coinbase Prime, and Galaxy Digital, have seen remarkable growth:
Diverse Offerings: Many OTC desks now provide derivatives, staking, and lending services tailored for institutional clients.
Market Leadership: Binance OTC remains a preferred platform for its seamless user experience, deep liquidity, and competitive rates.

What’s Next for Crypto OTC Markets?
Opportunities Ahead
Deeper Institutionalization: As regulatory clarity improves, more traditional players are expected to join the market.
Innovation in Trading Tools: AI-driven analytics and automated solutions are set to revolutionize OTC operations.
Global Expansion: Emerging markets will play a pivotal role in driving demand for OTC services.

Challenges to Overcome
Volatility Risks: Price fluctuations could pose hurdles for long-term institutional confidence.
Regulatory Uncertainty: While trends are positive, sudden policy shifts could impact market stability.

Conclusion
The explosive growth of crypto OTC trading in 2024 underscores the sector’s evolution into a cornerstone of institutional finance. Fueled by ETF adoption, political support, and the rising acceptance of digital assets, OTC desks are at the forefront of facilitating this transformation. With innovation and infrastructure development leading the charge, the future of crypto finance looks brighter than ever.

For the latest insights and updates on the world of crypto, visit Binance Blog, where we delve into market trends, institutional moves, and the innovations shaping the future of digital finance.
#USPPITrends #BTCMove #OTC
$ETH
$BTC
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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.
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.
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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


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
My 30 Days' PNL
2025-09-26~2025-10-25
+$25,729.61
+15.93%
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100% anti-freeze and safe withdrawal in the cryptocurrency circle, the Nth issue!Hong Kong Trust Although some trust companies have a threshold of only 100,000 U.S. dollars, this method is actually only suitable for people with more than 2 million U.S. dollars. First of all, don't think of Hong Kong trusts as financial products like mainland trusts. It is mainly a legal framework. You give money to A, and A regularly transfers money to B. You are the principal, A is the trustee, and B is the beneficiary. Some people think that using offshore trusts to avoid taxes, avoid debts, protect privacy, and transfer money to children are the patents of billionaires, but in fact, ordinary people can also do it. It's not that cool or cool.

100% anti-freeze and safe withdrawal in the cryptocurrency circle, the Nth issue!

Hong Kong Trust Although some trust companies have a threshold of only 100,000 U.S. dollars, this method is actually only suitable for people with more than 2 million U.S. dollars.
First of all, don't think of Hong Kong trusts as financial products like mainland trusts. It is mainly a legal framework. You give money to A, and A regularly transfers money to B. You are the principal, A is the trustee, and B is the beneficiary. Some people think that using offshore trusts to avoid taxes, avoid debts, protect privacy, and transfer money to children are the patents of billionaires, but in fact, ordinary people can also do it. It's not that cool or cool.
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Weekly OTC Insights (12/05/2025) Bitcoin remains constrained by strong resistance at $93,000, while the market operates with increasing volatility due to the Fed's interest rate decisions (12/10) and the BOJ's (12/19). The Federal Reserve signals a more dovish stance, influenced by weak labor market data and speculation about the possible appointment of Kevin Hassett to chair the bank in 2026. The market estimates an 80–90% chance of a 25 bps cut in December. The Bank of Japan is expected to raise rates after Tokyo's inflation rises to 2.8%. The market prices in a 76–80% chance of a 25 bps increase, which could reduce global liquidity and pressure risk assets. Bitcoin ETFs in the U.S. recorded inflows of $123 million last week, with investors buying dips even amid macro uncertainties. On Tuesday, the strong inflow of $58.5 million helped boost BTC. In the overall macro scenario, recent indicators show: Persistent inflation in Japan; U.S. PMI diverging between S&P (expansion) and ISM (contraction); Eurozone inflation slightly above expectations; U.S. ADP report showing a drop of 32,000 jobs, increasing the probability of monetary easing. The expectation is for greater volatility during the holiday period and lower trading volumes. Despite this, the outlook for improved liquidity in 2026 supports a positive view for BTC and cryptocurrencies at the beginning of next year. #OTC #bnb #BTC #ETH $BNB $ETH $BTC
Weekly OTC Insights (12/05/2025)

Bitcoin remains constrained by strong resistance at $93,000, while the market operates with increasing volatility due to the Fed's interest rate decisions (12/10) and the BOJ's (12/19).

The Federal Reserve signals a more dovish stance, influenced by weak labor market data and speculation about the possible appointment of Kevin Hassett to chair the bank in 2026. The market estimates an 80–90% chance of a 25 bps cut in December.

The Bank of Japan is expected to raise rates after Tokyo's inflation rises to 2.8%. The market prices in a 76–80% chance of a 25 bps increase, which could reduce global liquidity and pressure risk assets.

Bitcoin ETFs in the U.S. recorded inflows of $123 million last week, with investors buying dips even amid macro uncertainties. On Tuesday, the strong inflow of $58.5 million helped boost BTC.

In the overall macro scenario, recent indicators show:

Persistent inflation in Japan;

U.S. PMI diverging between S&P (expansion) and ISM (contraction);

Eurozone inflation slightly above expectations;

U.S. ADP report showing a drop of 32,000 jobs, increasing the probability of monetary easing.

The expectation is for greater volatility during the holiday period and lower trading volumes. Despite this, the outlook for improved liquidity in 2026 supports a positive view for BTC and cryptocurrencies at the beginning of next year.

#OTC #bnb #BTC #ETH
$BNB $ETH $BTC
🚨 BIG MONEY MOVING! 🚨 Just got off the phone with a top OTC desk—they’re seeing huge sell-side inflows from new, unknown sources. Something BIG is breaking in global markets. A major player is blowing up. We might not know who for months... Stay alert. 🫣 #Markets #Crypto #OTC
🚨 BIG MONEY MOVING! 🚨

Just got off the phone with a top OTC desk—they’re seeing huge sell-side inflows from new, unknown sources.

Something BIG is breaking in global markets. A major player is blowing up. We might not know who for months...

Stay alert. 🫣 #Markets #Crypto #OTC
--
Bullish
Why is #UNICH more than Just an #Airdrop ? While many projects use #airdrops to grab attention, UNICH is using it to introduce a bigger vision,a one stop #OTC trading platform for the #Solana ecosystem. UNICH enables P2P trading across Pre-Market and Points-Market OTC segments, giving users early access to assets before they hit major exchanges. Its model builds transparency, trust and liquidity in a space often dominated by closed-door deals. The airdrop isn’t the end goal,it’s the entry point. Every participant becomes part of UNICH’s growing network, strengthening a transparent and efficient OTC ecosystem. In short, UNICH isn’t just dropping tokens,it’s dropping a new standard for OTC trading on Solana.
Why is #UNICH more than Just an #Airdrop ?

While many projects use #airdrops to grab attention, UNICH is using it to introduce a bigger vision,a one stop #OTC trading platform for the #Solana ecosystem.

UNICH enables P2P trading across Pre-Market and Points-Market OTC segments, giving users early access to assets before they hit major exchanges.
Its model builds transparency, trust and liquidity in a space often dominated by closed-door deals.

The airdrop isn’t the end goal,it’s the entry point. Every participant becomes part of UNICH’s growing network, strengthening a transparent and efficient OTC ecosystem.

In short, UNICH isn’t just dropping tokens,it’s dropping a new standard for OTC trading on Solana.
🚨 *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......*. šŸ’° šŸ”¹ *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. šŸ›’ šŸ”¹ *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! šŸš€ - *Ethereum* has been gaining more traction as it continues to develop and scale, making it an attractive asset for traders and institutions alike. šŸ—ļø šŸ‘€ Stay tuned because *this move* could have a significant impact on *ETH’s price* and the *overall crypto market* in the coming days! $ETH {spot}(ETHUSDT) #Ethereum #ETH #OTC #CryptoNews #EthereumPrice
🚨 *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......*. šŸ’°

šŸ”¹ *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. šŸ›’

šŸ”¹ *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! šŸš€
- *Ethereum* has been gaining more traction as it continues to develop and scale, making it an attractive asset for traders and institutions alike. šŸ—ļø

šŸ‘€ 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
--
Bearish
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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 {future}(ETHUSDT)
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
🚨 **Bitcoin OTC Desks Are Drying Up!** 🚨 The blue line tells the story: **Bitcoin OTC (Over-the-Counter) trading desks are running low on supply.** Here’s why this is a BIG deal: - šŸ’§ **Supply Crunch**: OTC desks are drying up, signaling a potential shortage of Bitcoin available for large institutional buyers. - ļæ½ **Institutional Demand**: Big players are quietly accumulating Bitcoin through OTC desks to avoid moving the market. - šŸš€ **Price Implications**: Less supply + high demand = upward pressure on Bitcoin’s price. - šŸ’Ž **HODL Strong**: Retail holders are refusing to sell, tightening the available supply even further. - šŸŒ **Global Shift**: As OTC desks dry up, institutions may be forced to buy on the open market, driving prices higher. šŸ“ˆ **What This Means for You:** - šŸ¤‘ **Hold Tight**: The squeeze is on. Your Bitcoin is becoming even more valuable. - šŸš€ **Be Ready**: A supply shock could send Bitcoin soaring to new all-time highs. - šŸ”„ **Stack Wisely**: If you’ve been waiting to buy, now might be the time before the next leg up. šŸ“¢ **The OTC squeeze is real. Don’t miss the wave.** #Bitcoin #OTC #Crypto #SupplyCrunch #HODL šŸš€
🚨 **Bitcoin OTC Desks Are Drying Up!** 🚨

The blue line tells the story: **Bitcoin OTC (Over-the-Counter) trading desks are running low on supply.** Here’s why this is a BIG deal:

- šŸ’§ **Supply Crunch**: OTC desks are drying up, signaling a potential shortage of Bitcoin available for large institutional buyers.
- ļæ½ **Institutional Demand**: Big players are quietly accumulating Bitcoin through OTC desks to avoid moving the market.
- šŸš€ **Price Implications**: Less supply + high demand = upward pressure on Bitcoin’s price.
- šŸ’Ž **HODL Strong**: Retail holders are refusing to sell, tightening the available supply even further.
- šŸŒ **Global Shift**: As OTC desks dry up, institutions may be forced to buy on the open market, driving prices higher.

šŸ“ˆ **What This Means for You:**
- šŸ¤‘ **Hold Tight**: The squeeze is on. Your Bitcoin is becoming even more valuable.
- šŸš€ **Be Ready**: A supply shock could send Bitcoin soaring to new all-time highs.
- šŸ”„ **Stack Wisely**: If you’ve been waiting to buy, now might be the time before the next leg up.

šŸ“¢ **The OTC squeeze is real. Don’t miss the wave.**

#Bitcoin #OTC #Crypto #SupplyCrunch #HODL šŸš€
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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 #ē¾Žč”å‚Øä½•ę—¶é™ęÆļ¼Ÿ $BNB $BTC Hey, it’s really painful. I lost a first-class account card
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 #ē¾Žč”å‚Øä½•ę—¶é™ęÆļ¼Ÿ $BNB $BTC Hey, it’s really painful. I lost a first-class account card
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