Wednesday, October 15, 2025

The Crypto Liquidation Crisis Highlighted OTC Desks as Crucial Shock Absorbers, Finery Markets Says

Over-the-counter (OTC) desks played a crucial role in stabilizing trading during the recent crypto market crash by acting as shock absorbers that contained volatility and limited broader systemic risks, according to a note from Finery Markets, a leading crypto ECN and trading SaaS provider ranked among the top 30 digital ...



source https://www.coindesk.com/markets/2025/10/15/the-usd19b-crypto-liquidation-crisis-highlighted-otc-desks-as-crucial-shock-absorbers-finery-markets-says

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Bitcoin briefly trades at $24,000 on Binance’s USD1 pair in flash move

Such sudden price changes are often due to thin liquidity and can be exacerbated by fewer active traders during quieter hours. source http...