OTCbid - Anonymous Cryptocurrency Transactions Are Surging

" The cryptocurrency market has seen significant volatility since the start of 2021. The recent rise in the prices of crypto assets has escalated unidentified transactions. More than 15,000 BTC along with 125,000 ETH has been transferred from unknown digital wallets in the last few hours.

According to the data published by Whale Alert, a blockchain tracker and crypto analytics company, 7,977 Bitcoins were transferred from an unknown wallet on Wednesday. An unidentified user moved 3,730 Bitcoin from cryptocurrency exchange Bitstamp to an unknown wallet. Additionally, a transaction including 3,947 BTC was reported today where an anonymous user used an unknown wallet for the transfer.

The total value of the mentioned transactions stands at around $500 million. The price of the world’s largest cryptocurrency is down more than 10% in the last 7 days. Bitcoin is currently trading around $31,000 after registering an all-time high of $41,500 earlier this month. BTC has a total market cap of nearly $590 billion." - Read Full Article

Source: financemagnates


-8% Gross, -5% Net, B2B, Attorney, Montreal, Canada

Look For Seller Mandates Only -

NEW: 200K-300K BTC with R&E @ -8% gross, -5% net, B2B, Attorney, Montreal, Canada - Look For Seller

(Buyer : ST PO)

Post: 28.1.21


  • An institutional buyer is looking for 200K-300K BTC with R&E @ -8% gross, -5% net .

  • The institutional buyer is a liquidity provider in Montreal Canada.

  • Buyer = 5%

  • Buyerside = 1.5%

  • Sellerside = 1.5%​


  • Direct - Invoice & Payment Method


  • Buyer submits LOI

  • Seller submits FCO & draft SPA

  • Buyer submits KYC /CIS & RWA/LOA of Proof of Funds

  • Seller submits Letter of Attestation of Proof of Product and KYC/CIS

  • Buyer and Seller, will review the offer and describe the transaction, duties and responsibilities of all parties, including the terms and conditions of the forwarded SPA.

  • Buyer and Seller finalizes the SPA and IMFPA

  • Sellers Attorney finalizes the Escrow Agreement

  • Seller confirms wallet and provides POC ​


  • Buyer will send • 100 (Designated currency) from buyer’s bank account to seller’s designated bank account to authenticate account. Seller or if an Attorney is used, Seller’s attorney confirms amount and then send payment slip to Buyer.

  • Immediately before the execution of any tranche/transaction, a time is booked for the tranche and is confirmed by both parties.

  • While relevant parties are on the same ZOOM (or other suggested) conference call, The Buyer will send/transmit (by email or by an agreed form of digital communication) a BTC “buy” price confirmation to The Seller. The Seller will have 30 seconds to accept the given price and authorize the transaction. Upon receipt of The Seller’s confirmation of acceptance of said “buy” price by The Buyer, the parties proceed with the said tranche/transaction less gross discount

  • For each BTC tranche, the Seller sends the bitcoin to the designated Buyers’ exchange wallet and simultaneously sends an invoice containing the nominated bank coordinates regarding the wire transfer of the amount due, the transaction reference code and invoice number for said tranche.

  • For payment of each BTC tranche sent to the BUYER’s designated wallet, The BUYER will make the payment by almost simultaneous initiation of the wire transfer on receipt of the BTC and Invoice and will then have approximately have 48h (accommodating for final settlement as per SWIFT/SEPA and correspondent banking compliance procedures) to transfer the total due amount. ( *NB- Depending on location some wire transfers could take up to 5 days for clearing and settlement)

  • The Buyer sends a copy of the wire transfer to The Seller for confirmation.

  • The Seller informs The Buyer when funds are received and confirms the said tranche/transaction is concluded in a timely manner.

  • For each additional tranche/transaction, above steps will continue until the contract(s) is (are) exhausted.



Interested parties should contact :



  • DM Raymond Chai (on Linkedin)

  • Telegram @OTCbiddotcom

  • Telegram: +1 (786) 632 8577


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