According to a report from Globo.com, Botafogo contacted Otávio in March of this year about a transfer. Cruzeiro was unwilling to listen to Botafogo's proposal. The goalkeeper also informed the board of his desire to stay at the club.

Globo.com reports on Botafogo's interest in 20-year-old Brazilian goalkeeper Otávio amid their goalkeeper instability. Before the transfer window closed, Botafogo approached Otávio, as the club was experiencing a season marked by instability among its goalkeepers. However, Cruzeiro was not willing to open talks, as they consider the young player, one of the main recent prospects from their academy, a viable option for the future of the club's goalkeeper position. Otávio, who has been capped three times for Brazil's U20 team, has a contract with Cruzeiro until the end of 2028 and a current Transfermarkt market value of €500k. Eintracht Frankfurt has also been linked with the player.