Kraken OTC Desk Head: Trading Volume Has Increased 2,000% Since 2018
Nelson Minier, head of over-the-counter (OTC) trading at major cryptocurrency platform Kraken, has stated that the OTC desk’s trades per month have increased by a factor of 20 since the beginning of last year.
Minier gave his remarks in an episode of The Block’s podcast, The Scoop, on Aug. 20. Minier further remarked that “ and Ether are the big — the whales of our desk,” additionally estimating that Bitcoin (BTC), Ether (ETH), (BCH), Monero (XMR), and Tether (USDT) were the top five cryptocurrencies traded by volume.
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