According to Wu Blockchain, a new report released by Wintermute reveals that in the first half of 2026, 72% of its OTC spot trading volume came from institutions (including hedge funds, digital asset treasury companies [DATs], asset management firms, and family offices), marking a historic high compared to 59% in the first half of 2025 and 61% in the second half of 2025. Key insights from the report: Institutions tend to hold positions rather than blindly chasing highs, leading to a significant drop in Bitcoin's realized volatility; the upward momentum of altcoins fades faster than before due to a smaller retail investor share; risk exposure is shifting from spot trading to derivatives, with OTC altcoin options growing approximately 3.4x in the first half of 2026. https://www.(wublock123.com)/news/news-65630