Wintermute’s Pivotal Revelation: Ethereum (ETH) Supply Exhausted on OTC Desk

Key Points

1. Wintermute's OTC desk, which handles large institutional-grade transactions, has nearly exhausted its Ethereum (ETH) supply.

2. OTC trading offers advantages like large block trades, minimal price impact, privacy, and direct settlement, making it preferred by institutions.

3. High demand for Ethereum is driven by its growing utility and perceived value in the institutional world.

4. The scarcity of ETH on Wintermute's OTC desk highlights broader implications for digital asset liquidity and market dynamics.

5. This situation signals intensifying institutional demand for ETH and potential tightening of supply for large-scale purchases.