CryptoQuant analysts say Binance handles roughly one-third of BTC and ETH inflows to centralized exchanges on a daily basis. The firm reports that out of about $40 billion in daily transfers, roughly $15 billion flow through Binance, highlighting large centralized liquidity.

Stablecoin reserves and trading volumes

According to the report, Binance has increased its stablecoin holdings to $51.1 billion, a level several times higher than its nearest competitors. On spot markets the exchange showed $25 billion in volumes compared with $4.6 billion at Crypto.com, while in futures trading Binance reported $62 billion against $36 billion at OKX.

Inflow dynamics to USDT and USDC

In November Binance retained the lead on inflows denominated in USDT and USDC, registering $29 billion versus $19 billion at Coinbase, the data shows. The figures underline sustained demand for the platform’s liquidity even amid market corrections.

Reported data and attribution

These statistics and comparisons are provided by CryptoQuant and reflect the firm’s monitoring of on‑chain movements and exchange-reported volumes. The dataset focuses on daily transfer values and reserve balances reported by major exchanges.