$751.74
24h
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31 Aug, 06:46
Binance exchange dominance and capital inflows
Bullish+9.50%
AI Summary
The author observes that when BTC market conditions improve, capital flows predominantly to Binance, highlighting the exchange's strong position with 12B inflows and higher user trading activity compared to competitors.
As soon as BTC market conditions improve slightly, the money comes back. Where does the money mainly flow? It mainly flows to Binance, indicating that whether it's funds or retail investors, Binance is basically the first choice for crypto.
Binance's inflows over the past 7 days are 12B, which is just too exaggerated.
Additionally, I've discovered something after talking to quite a few KOLs: with similar registration scales, BN users actually have higher trading activity than other platforms. I don't know if this is due to good product guidance, a wide variety of tradable types, or a complete range of asset types. Why are you guys so strong? @heyibinance