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3232Cumberland Sees Massive OTC Moves During Crypto Market Rout — ‘Most Volume We’ve Seen This Year’
https://www.digit.info/cumberland-sees-massive-otc-moves-during-crypto-market-rout-most-volume-weve-seen-this-year/
Sun, 19 Jun 2022 18:35:06 +0000https://www.digit.info/2022/06/19/cumberland-sees-massive-otc-moves-during-crypto-market-rout-most-volume-weve-seen-this-year/Read more]]>During the last week, while crypto markets got hammered, digital currency-centric over-the-counter (OTC) trading desks were swamped with orders. The cryptocurrency OTC trading desk Cumberland, a subsidiary of DRW, explained that on June 13, the firm saw 30% more volume than the previous year-to-date high on May 13. Cumberland Says ‘On Big Swings, More Volume […]