Since the beginning of the year, the inflow of funds to Binance has reached $21.7 billion — almost 40% more than the $15.9 billion combined figure of the next 10 exchanges in the ranking.

The global client base of Binance has increased to 250 million users.

According to CryptoQuant, the average deposit in bitcoins on exchanges rose from 0.36 BTC to 1.65 BTC, in USDT — from $19,600 to $230,000, reflecting the growing participation of professional and corporate investors.

At Binance, the figures increased by 2.77 BTC and $94,000, respectively. The value of Tether in the sector as a whole was influenced by large deposits on Bitfinex from the stablecoin issuer.

Binance became the first CEX to exceed a trading volume of $100 trillion for its entire existence