CandleFocus

Binance Dominates CEX Reserve Flows with $4.5B Monthly Increase

According to data from CryptoRank, Binance, a centralized crypto exchange, has experienced a significant increase in reserves, with a monthly surge of $4.5 billion. This has led to a total asset value of $137 billion for Binance. Bitfinex stands in second place with a monthly increase of $639 million in reserve flows and total assets reaching $25.3 billion. HTX ranks third with a net increase of over $585 million, reaching $5.60 billion in assets. Gate.io and HashKey also experienced positive reserve flows, while other exchanges such as BitMEX, Deribit, KuCoin, OKX, and Bybit saw negative flows.

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