#Binance BTC, ETH outflows lead#
Hot Topic Overview
Overview
Binance continued to lead in Bitcoin and Ethereum outflow volume in 2024, boasting the highest monthly BTC and ETH outflow volume among all centralized exchanges. According to data from CryptoQuant analysts, Binance has been the leader in BTC and ETH outflow volume in the cryptocurrency market since 2018. In the last month of 2024, Binance processed nearly 2 million BTC and ETH outflows, setting a new record for exchange activity.
Ace Hot Topic Analysis
Analysis
Binance continued to dominate the outflow volume of Bitcoin (BTC) and Ethereum (ETH) in 2024, a trend that has persisted since 2018. According to CryptoQuant's analysis, Binance recorded the highest monthly BTC and ETH outflow volume among all centralized exchanges (CEXs). Notably, in the last month of 2024, Binance processed nearly 2 million BTC and ETH outflows, setting a new record for exchange activity. This phenomenon indicates Binance's significant role in the cryptocurrency market, with its users maintaining high trust and usage rates for the platform.
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Public Sentiment
Discussion Word Cloud
Classic Views
Binance dominated Bitcoin and Ethereum outflows in 2024, processing nearly 2 million BTC and ETH outflows.
Binance has consistently led the cryptocurrency market in terms of BTC and ETH outflows, maintaining this dominance since 2018.
Binance recorded the highest monthly BTC and ETH outflows among all centralized exchanges (CEXs) in the final month of 2024.
Binance's outflows reached new benchmarks in 2024, highlighting its dominance in the cryptocurrency market.