Binance, the leading cryptocurrency exchange, has maintained its dominance in Bitcoin (BTC) trading volume during both uptrends and downtrends, according to an analysis by CryptoQuant contributor Shiven Moodley. Moodley's analysis revealed that Binance has consistently demonstrated high inflow and outflow activity for BTC, regardless of market conditions. This indicates that traders actively engage with Binance during both price rallies and corrections. In contrast, Coinbase, another major exchange, has experienced lower BTC inflows but significant outflows during price rallies. This suggests that a higher proportion of Coinbase users, potentially institutions and whales, adopt a "buy-and-hold" strategy. OKX, on the other hand, has exhibited a more reactive pattern to market volatility. Its trading volume tends to increase during periods of strong market momentum, both upward and downward. Moodley's findings highlight the significant role that Binance plays in the Bitcoin market, serving as a reliable and active trading platform for traders of all types, from retail investors to institutions.

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