#Binance BTC, ETH outflows lead#
Hot Topic Overview
Overview
Binance continued to dominate Bitcoin and Ethereum outflow transactions in 2024. According to CryptoQuant data, Binance processed the highest number of BTC and ETH outflow transactions among all centralized exchanges in 2024. 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 trend indicates that Binance remains a dominant player in the cryptocurrency market, with its lead in BTC and ETH outflow transactions remaining consistent since 2018.
Ace Hot Topic Analysis
Analysis
Binance continued to dominate Bitcoin and Ethereum outflow transactions in 2024, processing the highest number of BTC and ETH outflow transactions among all centralized exchanges. According to CryptoQuant's analysis, Binance has been the leader in BTC and ETH outflow transaction volume in the cryptocurrency market since 2018, a trend that continued in 2024. Notably, in the last month of 2024, Binance processed nearly 2 million BTC and ETH outflow transactions, setting a new benchmark for exchange activity. This phenomenon suggests that Binance remains dominant in users withdrawing cryptocurrencies, potentially due to user confidence in the market outlook or their desire to move assets to other platforms or wallets.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Binance processed a large number of Bitcoin and Ethereum outflows in 2024, setting a new record for exchange activity.
Binance has consistently been a leader in Bitcoin and Ethereum outflow transaction volume, maintaining this dominance since 2018.
Binance had the highest monthly Bitcoin and Ethereum outflow transaction volume among all centralized exchanges in 2024.
Binance processed nearly 2 million Bitcoin and Ethereum outflows in December 2024.