BTC $64,265.36 +1.08%
ETH $1,898.28 -0.12%
BNB $600.11 -0.84%
XRP $0.9972 -0.22%
SOL $76.15 +0.81%
TRX $0.3321 +0.16%
DOGE $0.0698 -0.37%
ADA $0.1746 +0.43%
BCH $203.21 -0.32%
LINK $9.43 -0.51%
HYPE $59.19 +0.00%
AAVE $89.36 +2.92%
SUI $0.6510 -3.69%
XLM $0.1534 -2.54%
ZEC $502.38 -2.05%
BTC $64,265.36 +1.08%
ETH $1,898.28 -0.12%
BNB $600.11 -0.84%
XRP $0.9972 -0.22%
SOL $76.15 +0.81%
TRX $0.3321 +0.16%
DOGE $0.0698 -0.37%
ADA $0.1746 +0.43%
BCH $203.21 -0.32%
LINK $9.43 -0.51%
HYPE $59.19 +0.00%
AAVE $89.36 +2.92%
SUI $0.6510 -3.69%
XLM $0.1534 -2.54%
ZEC $502.38 -2.05%

Data: Binance has seen a net inflow of $1 billion for two consecutive weeks, with a net inflow of over $5 billion in November

2024-11-11 21:51:39

ChainCatcher news, according to DeFiLlama data, Binance has seen a net inflow of $1 billion for two consecutive weeks, bringing the net inflow for November to over $5 billion, a figure that is five times that of the second-largest platform. This significant growth highlights Binance's position as the preferred trading platform amid a surge in market demand and heightened user interest in crypto assets.

Additionally, on November 6, the Binance App recorded over 13 million visits in a single day, reflecting the increased attention following the announcement of the U.S. presidential election results.

According to records from DeFiLlama, Binance's user asset holdings have reached $130 billion, marking the highest user asset holdings since Binance began disclosing reserve proofs two years ago.

Meanwhile, a report from CryptoQuant indicates that Binance's reserve percentage (showing the proportion of reserves held by Binance compared to all exchange reserves) has climbed to 25% this month, up 4% from 21% in November 2023.

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