otc

Sonic Labs officially stated that within the next 24 to 48 hours, approximately 13 million S tokens will be transferred according to a strategic over-the-counter trading agreement, with the counterparty being its long-term partner.Both parties will collaborate to expand the coverage and user engagement of the Sonic ecosystem within each other's networks. This advance disclosure aims to inform the community about the upcoming large on-chain transfer.

According to Onchain Lens monitoring, Galaxy Digital OTC clients transferred 134,000 LINK to Binance, worth 1.73 million USD, possibly for sale.

According to on-chain analyst Yu Jin's monitoring, a certain whale/institution conducted OTC trading through Galaxy Digital and sold the last 10,000 ETH 5 hours ago, completing their liquidation.This entity bought and sold 52,000 ETH within two and a half months, making a profit of 24.49 million dollars: from July to September, they accumulated 52,000 ETH at an average price of 2,161 dollars; since the end of September, they liquidated at an average price of 2,632 dollars.

According to the Financial Times, DWF Labs' DWF Maas and Falcon Digital have sued the cryptocurrency custody company BitGo in the High Court of London, accusing it of violating over-the-counter (OTC) agreements by selling Falcon Finance (FF) and ESPORTS tokens before the agreed lock-up period ended, resulting in a drop in token prices.According to the lawsuit, both parties agreed that the tokens would be offered at a discounted price but must adhere to a three-month lock-up period and subsequent phased unlocking arrangements. DWF claims that BitGo transferred the tokens to exchanges about two months before the first unlocking, causing market sell-off pressure and damaging the value of its remaining holdings, thus seeking $141 million in damages. BitGo declined to comment on the lawsuit, and the related allegations have not yet been adjudicated by the court.

Cryptocurrency analyst Darkfost stated that the Bitcoin reserves held by known over-the-counter (OTC) platform addresses have dropped to a historical low, currently around 123,000 BTC, down from nearly 500,000 BTC in September 2021.The continuous decline in OTC reserves may have several reasons, including investors' preference for holding BTC long-term, a more decentralized structure of Bitcoin holdings, and participants like miners no longer primarily selling BTC through OTC channels. Additionally, some holders may prefer to sell directly on the open market. Regardless of the specific reasons, the significant reduction in OTC reserves means that there is increasingly less BTC available for sale outside the open market. If buyer demand shifts more towards purchasing directly from the open market, it may provide support for BTC prices.

According to on-chain analyst Yu Jin's monitoring, Arthur Hayes (0x6cd...e21) purchased 244,000 UNI through Flowdesk OTC at a price of $7.06.

Cryptocurrency exchange platform Luno announced that it has received a Class F digital asset business license issued by the Bermuda Monetary Authority. This license provides Luno with a regulated base outside of its core emerging markets, placing it alongside globally recognized operators such as Coinbase, Circle, and Kraken.Luno stated that for B2B and institutional business, Bermuda can extend its crypto-as-a-service and global settlement products to clients outside of Africa and the Asia-Pacific region, establishing a base in a jurisdiction designed for digital assets and modern payments. The license allows for the provision of cryptocurrency, tokenized stocks and commodities, as well as over-the-counter trading of the rand-backed stablecoin ZAR Universal, which is issued by Luno's sister company BlockTowerTech and aimed at institutional use; the global spot market can access all tradable assets from Luno; and wallet infrastructure for secure custody and transfers.Luno claims that for 13 years, by prioritizing regulation and security, it has built trust with millions of customers, and Bermuda is the next step.

Axis announced the launch of Axis Prime, expanding its previously built fragmented market execution infrastructure for institutional allocators running market-neutral strategies to provide institutional liquidity and execution services for new banks, brokerages, remittance businesses, and digital asset platforms.Prime completes trade pricing, liquidity acquisition, execution and settlement management, as well as inventory and counterparty risk management through a single institutional relationship. This service supports over 15 currencies, stablecoins, and settlement channels, evaluating more than 25 million cross-asset pricing paths, with selected channels averaging a quoted spread of less than 10 basis points.Axis stated that Prime has completed its first OTC order for a large centralized cryptocurrency exchange. Capital entering Axis supports the balance sheet and trading infrastructure, while Prime utilizes this infrastructure to quote and execute external institutional capital flows, forming a dual-use model of capital formation and liquidity provision in parallel.

According to Onchain Lens monitoring, a whale transferred 772,470 LINK (approximately $8.91 million) to Galaxy Digital and Cumberland for sale. Among them, 602,000 LINK ($6.94 million) were transferred to Galaxy Digital, and 170,470 LINK ($1.97 million) were transferred to Cumberland.

According to the latest ranking data of stock derivatives exchanges released by RootData, the exchange with the largest 24h position decline among the top ten is XT.COM, with a position of approximately 959 million USD, a decrease of 11.52%; the largest price difference is Hotcoin, with a price difference of 0.107%.It is reported that this price difference is the weighted price difference based on the 24h transaction volume, and a higher value usually indicates higher trading costs.

According to Onchain Lens monitoring, a certain OG whale accumulated BTC when the price was around $10 to $15, and after being inactive for 10 months, transferred 50 BTC to a new address, worth approximately $3.22 million, possibly for OTC sale.This OG whale address cluster had previously shown a similar pattern, with funds subsequently flowing to FalconX or CEX.

According to monitoring by Lookonchain, a certain OTC whale has once again purchased 10,000 ETH today, worth 19.1 million USD; two weeks ago, it also bought 27,000 ETH, worth 52.03 million USD.

According to Onchain Lens monitoring, BitMEX founder Arthur Hayes (0x6cd...7e21) received 5 million USDC from Galaxy Digital OTC Desk.

According to Onchain Lens monitoring, a Bitcoin whale with a 6-year holding period transferred 2,000 BTC worth $131 million, of which 800 BTC valued at $52.2 million were sent to Cumberland for OTC, and 1,200 BTC worth approximately $78.3 million were sent to a new address.The latest receiving wallet is 37wN4vH3FyciU521vQ4mGWqmq7cYrof4XH, and the new wallet is 37arJMPgqqgXHcBPdFYos8pLrX1fH4sx6R.

According to Onchain Lens monitoring, a certain whale sold 30,000 ETH through Galaxy Digital OTC, exchanging it for 55 million USDC, and then deposited the funds into Coinbase.

According to a report by businesswire, BNB Plus Corp. has received a delisting determination from the Nasdaq hearing panel due to its stock price being below the minimum bid requirement of $1 for an extended period.The company's stock BNBX will be suspended from trading on Nasdaq starting July 14 and will be transferred to the OTCQB venture market on the same day, with the code remaining unchanged. The company stated that it has applied for a review by the Nasdaq Listing and Hearing Review Council, but the delisting determination will not be suspended during the review period.

Wintermute announced that it has completed its first OTC options trade for SpaceX (SPCX).

According to Onchain Lens monitoring, the OTC trading whale 0xFB7 deposited 29,000 ETH (53.1 million USD) into FalconX, with a profit of 6.41 million USD from this transaction. Currently, this whale holds 128,000 wsETH (equivalent to 158,248 ETH, worth 283.42 million USD).

According to GMGN data, the SOL ecosystem Meme coin Jotchua has increased by over 100 times during the day, with a market value surpassing 5.7 million USD, currently reported at 5.78 million USD.Information shows that the token narrative of Jotchua originates from a classic dog Meme image that has been widely circulated on the Spanish-speaking internet since 2021, featuring a golden retriever puppy being held up and looking directly at the camera. This image is known as "Jotchua," also referred to as "Esquizo" or "Perro Dinero (Wealth Dog)," and is often used in Latin American internet culture to express absurd humor, wealth fantasies, and other content.ChainCatcher reminds users that Meme coin prices are highly volatile, and investors should be aware of the risks.