Galaxy OTC experienced its most intense trading activity in July and August 2025, with volumes exceeding $13 billion, indicating potential large-scale capital inflows. Historically, record OTC volumes have often preceded price increases, but a sharp decline in volume towards the end of 2025 and early 2026 may signal the end of institutional accumulation and the onset of market uncertainty. The majority of Galaxy OTC's trading volume, 50%-60%, was concentrated in stablecoins, suggesting structural rather than speculative fund flows. OTC trades typically lead public market trends by approximately 2-4 weeks.