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How institutional dark pools quietly ate 15% of crypto volume and killed the retail whale-watching edge

By Gino Matos at 2026-10-04 20:15

Sentiment: Negative

sFOX says execution through crypto dark pools rose from negligible volume in April to 15% of monthly volume by June. Separately, the firm's July 30 report puts OTC-desk routing at 77.7% of institutional volume moving through the platform, versus 18.4% landing on public exchanges. May's dark-pool volume alone came to $147 million. Diana Pires of […] The post How institutional dark pools quietly ate 15% of crypto volume and killed the retail whale-watching edge appeared first on CryptoSlate. Continue reading...

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