Looking at Galaxy's previous disclosure, from April 1 to May 12, the company's operating net profit was between 160 million and 170 million, and it is estimated that most of this was OTC business. If we count the sale of Bitcoin whales this time, the conservative revenue for this quarter is 400 million.
And several companies in the second tier also had revenues of 200 million and 100 million US dollars respectively in this business in the past year. The OTC business is really terrible, it is simply a money printing machine.