According to a recent article from businessinsider.com the trading activity at one of the largest crypto trading centers is picking up as Circle Trade has just increased their minimum ticket size on bitcoin trades to $500,000 from $250,000. Circle Trade is currently between the largest crypto liquidity providers on a global scale, they directly trade over $2B per month in the digital assets. Not only does the business trade on nearly all major exchanges they also provide significant OTC trading dealing with institutional money.

“The minimum ticket size has moved up to $500,000 with an average of $1 million,” Allaire stated during the interview where he also stated that some transactions are larger than $100 million hinting at a large demand in the field.

Demand for Over-The-Counter (OTC) Bitcoin trading seems to be rising in terms of USD value after the market calmed down following the bottom of $6000 in February. Charts taken from coin.dance show us global volumes from LocalBitcoins were showing a rising tendency after bottoming out around mid-February. Note here that this bottom just put us back to volumes seen during last October, which still indicate a high level trust in Bitcoin.