Pumping crypto market by over 5% needs very big amount of funds, like billions of $s ,(in our terms we say fiat or Stable C to buy in markets)
And there's a huge amount of money being traded daily in the crypto market, not necessarily by a specific group of holders, but a cumulative of the total demand and supply.My question is : Where institution store this much money to buy in markets ,
and from where they transfer money and what type of exchange they use Or any other type of exchange
And if they use centralized exchange {like binance}what type of benefits and disadvantages are :
What type of process to depositing and withdrawing this big amount need
• Where institutional holders store their crypto? Possibly in multiple hardware wallets with secure backups in vaults of banks. They could also use multi sig to secure their assets.and from where they transfer money and what type of exchange they use Or any other type of exchange
And if they use centralized exchange {like binance}what type of benefits and disadvantages are :
What type of process to depositing and withdrawing this big amount need
• Over The Counter traded are the most ideal for them as it does not reflect on the price.
• Benefits and disadvantage of using centralized exchanges? Pretty much what risks and be efits everyone else gets. Binance and other too CEX have a select option for those trading very high amounts, but they are still exposed to risks of data theft et al.
• OTC as mentioned above.
