"Mark Sapolinski talks about bitcoin OTC trading with BlockExplorer"
As much as half of all crypto trades take place in secret, behind closed doors.
The trades are executed quietly, with billions of dollars worth of crypto changing hands outside the main exchanges. According to many experts, including Binance CEO Changpeng Zhao, this means the crypto trading market is twice as big reported.
Welcome to the mysterious world of OTC crypto trading, or “over-the-counter” trading where bitcoin “whales” buy and sell ludicrous amounts of crypto between each other.
Very little is known about OTC trading, how it works, or its true effect on the market.
During my research, I spoke with OTC expert Mark Sapolinski, who has organized bitcoin OTC deals since 2012 and currently manages an order book worth about $2 billion.
During our energetic conversation, I gained several precious insights into the mysterious world of over-the-counter trading that I’m now about to share with you.
Read the full story on BlockExplorer