On November 11th, according to DeFiLlama data, Binance has had net inflows of $1 billion for two consecutive weeks, bringing November's net inflows to over $5 billion, which is five times the net inflows of the second largest platform. This significant growth highlights Binance's position as the preferred trading platform in the face of increased market demand and user interest in cryptocurrency assets.
In addition, on November 6th, Binance App had over 13 million daily visits, echoing the increased attention after the announcement of the results of the US presidential election. According to DeFiLlama records, Binance's user asset holdings have reached $130 billion, the highest level since Binance began disclosing reserve proof two years ago. Meanwhile, according to CryptoQuant's report, Binance's reserve percentage (showing the percentage of reserves held by Binance compared to all exchange reserves) has risen to 25% this month, up 4% from November 2023's 21%.