According to online reports, several crypto trading companies have recently reported that the volume of over-the-counter (OTC) transactions has grown rapidly in recent months, and the election results have become an important driving force. Tim Ogilvie, head of institutional business at Kraken Exchange, said: "OTC trading is currently extremely active, with trading volume surging along with price increases." He revealed that Kraken's over-the-counter trading volume increased significantly by 220% year-on-year, and other trading companies reported similar increases. Jake Ostrovskis, an over-the-counter trader at market maker Wintermute, pointed out that the market was relatively calm in mid-year, but as the election approached and prices rose, market participants began to actively prepare for the election results. Similarly, Embert Lin, a trader at market maker GSR, said the company's trading volume has increased significantly since the election. As the prices of Bitcoin, Ethereum and altcoins rise, projects and investors are significantly more motivated to manage funds and risks at these prices, while also looking for new opportunities to access other than BTC and ETH. A trader at an over-the-counter trading company privately revealed that recent trading volume has easily reached the level seen at the peak of the cryptocurrency market in 2021. In addition, Brett Reeves, head of Go Network at cryptocurrency custodian firm BitGo, pointed out that the election results were the main driver of the recent surge in transaction volume, with two-thirds of the transaction volume occurring within three months after the election results were announced.