#Binance BTC, ETH outflows lead#
Hot Topic Overview
Overview
Binance continued to dominate the outflow volume of Bitcoin (BTC) and Ethereum (ETH) in 2024, emerging as the top platform for outflow transactions among all centralized exchanges (CEXs). According to CryptoQuant's analysis, Binance has been the leader in BTC and ETH outflow volume in the cryptocurrency market since 2018, a trend that continued in 2024. Data reveals that Binance processed nearly 2 million BTC and ETH outflow transactions in the final month of 2024, setting a new record for exchange activity.
Ace Hot Topic Analysis
Analysis
Binance continued to lead in Bitcoin and Ethereum outflow transactions in 2024, a trend that has persisted since 2018. According to CryptoQuant's analysis, Binance has the highest monthly BTC and ETH outflow transaction volume among all centralized exchanges, particularly in the last month of 2024, where Binance processed nearly 2 million BTC and ETH outflow transactions, setting a new record for exchange activity. This phenomenon indicates that Binance plays a significant role in the cryptocurrency market, and its users continue to have high trust and usage rates.
Public Sentiment · Discussion Word Cloud
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 its lead since 2018.
Binance recorded the highest monthly BTC and ETH outflows among all centralized exchanges (CEXs) in 2024.
Binance's outflows have set a new benchmark, reflecting its dominance in the cryptocurrency market.