Since the 2020 corona dump, Binance has been aggressively accumulating BTC, while other platforms have been losing market share — and its reserves remain high despite the continuous BTC outflows from exchanges.

Today, 23% of all Bitcoin held on exchanges is in Binance’s custody.

👉 That’s massive, considering there are dozens of exchanges in the market.

📈 This growing dominance may signal:

Increased user trust in Binance

Liquidity centralization

Potential influence over market flows

📌 Tracking this metric helps us understand where the capital is flowing and who’s really in control of the game.

Written by joaowedson