#Binance BTC, ETH outflows lead#
Hot Topic Overview
Overview
Binance continued to dominate Bitcoin and Ethereum outflows in 2024, processing the highest number of BTC and ETH outflows among all centralized exchanges. According to CryptoQuant analysts, Binance has been the leader in cryptocurrency market outflows since 2018, and this trend continued in 2024. Notably, 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 continues to maintain its leading position in terms of Bitcoin (BTC) and Ethereum (ETH) outflow transaction volume in 2024. According to a report by CryptoQuant analysts, Binance has been the exchange with the highest volume of BTC and ETH outflow transactions in the cryptocurrency market since 2018. This trend continued in 2024, with Binance recording the highest monthly BTC and ETH outflow transaction volume among all centralized exchanges (CEXs). Notably, in the last month of 2024, Binance processed nearly 2 million BTC and ETH outflow transactions, setting a new record for exchange activity. This phenomenon indicates that Binance still holds a significant position in the cryptocurrency market and continues to attract a large number of users for trading and capital flow.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Binance processed a large volume of BTC and ETH outflows in 2024, setting a new record for exchange activity.
Binance has consistently led the cryptocurrency market in terms of BTC and ETH outflow volume, maintaining its dominance since 2018.
Binance recorded the highest monthly BTC and ETH outflow volume among all centralized exchanges (CEXs) in 2024.
Binance's leading BTC and ETH outflows may reflect user confidence and demand for cryptocurrencies.