Seeing Lao Wu's data is still quite impressive. Back when CZ was in the US, there were all sorts of comments, and almost every day someone would message me asking if there were any anomalies in #Binance's data. At that time, everyone was afraid that Binance without CZ wouldn't be able to hold on, or even if it did, it would be severely weakened.
As it turns out, looking at the data, Binance has had very healthy data from 2024 until now, almost a year. Not only is the trading volume of #BTC unmatched, but even the USDT market share has exceeded 38.5%. I have to say that the trading volume of BTC is 7 times that of Coinbase, and the overall trading volume is 16 times that of Coinbase, with USDT's share exceeding 80% of Coinbase.
Coinbase's Q2 financial report shows $1.205 billion in revenue, with most profits coming from trading income, Binance is 16 times larger, even if halved it's still about 8 times Coinbase's revenue.
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