#Binance BTC, ETH outflows lead#
Hot Topic Overview
Overview
Binance continues to lead in Bitcoin and Ethereum outflow transaction volume in 2024, topping the list of all centralized exchanges in terms of the number of BTC and ETH outflow transactions processed. According to CryptoQuant's analysis, Binance has been the leader in BTC and ETH outflow transaction volume in the cryptocurrency market since 2018, and this trend has continued in 2024. Especially in the last month of 2024, Binance processed nearly 2 million BTC and ETH outflow transactions, 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 has consistently recorded the highest monthly BTC and ETH outflow volume among all centralized exchanges (CEXs). Notably, in the final month of 2024, Binance processed nearly 2 million BTC and ETH outflows, setting a new record for exchange activity. This phenomenon suggests that Binance plays a significant role in the cryptocurrency market, with its users actively transferring BTC and ETH to other wallets or exchanges.
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, and this dominance remained firm in 2024.
Binance recorded the highest monthly BTC and ETH outflow volume among all centralized exchanges (CEXs).
Binance processed nearly 2 million BTC and ETH outflows in the final month of 2024.