BTC $64,104.83 +1.39%
ETH $1,895.23 +0.21%
BNB $600.83 -0.39%
XRP $0.9946 -0.26%
SOL $75.88 +0.78%
TRX $0.3327 -0.10%
DOGE $0.0698 -0.53%
ADA $0.1729 -0.95%
BCH $203.30 -0.59%
LINK $9.44 +0.44%
HYPE $59.45 +0.31%
AAVE $88.56 +3.03%
SUI $0.6470 -4.12%
XLM $0.1535 -2.44%
ZEC $505.33 -0.74%
BTC $64,104.83 +1.39%
ETH $1,895.23 +0.21%
BNB $600.83 -0.39%
XRP $0.9946 -0.26%
SOL $75.88 +0.78%
TRX $0.3327 -0.10%
DOGE $0.0698 -0.53%
ADA $0.1729 -0.95%
BCH $203.30 -0.59%
LINK $9.44 +0.44%
HYPE $59.45 +0.31%
AAVE $88.56 +3.03%
SUI $0.6470 -4.12%
XLM $0.1535 -2.44%
ZEC $505.33 -0.74%

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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