The cryptocurrency exchange Binance continues to strengthen its position among centralized platforms, controlling a significant portion of Bitcoin and Ethereum flows. According to analytics, Binance accounts for one-third of all movements of these key cryptocurrencies to centralized exchanges, and the exchange’s stablecoin reserves have reached a record high of $51.1 billion.
This is reported by Business • Media
Confident Leadership in Trading Volumes
Despite the correction in the cryptocurrency market, Binance retains its leading position in spot and futures trading volumes. According to analysts, in November 2025, the total volume of spot transactions on Binance was $25 billion, which is five times higher than the corresponding figure for the cryptocurrency exchange Crypto.com ($4.6 billion). This demonstrates that even amid a decline in overall market activity—when spot volumes across the market fell to $65 billion and futures to $170 billion—Binance remains a key player in the industry.
The situation in the futures market is similar: trading volume on Binance reached $62 billion—almost double that of its closest competitor OKX ($36 billion). Such a gap indicates a strong demand for the exchange’s derivative instruments and high trader activity even during periods of volatility.
Record Stablecoin Reserves and Investor Confidence
Daily flows of Bitcoin and Ethereum to centralized exchanges reached $40 billion, of which $15 billion was attributed to Binance. This allowed the platform to surpass Coinbase, which recorded $11 billion. Binance’s significant share in the flows of major cryptocurrencies enhances confidence among both institutional and retail market participants.
“Binance’s stablecoin reserves have reached a record $51.1 billion—significantly higher than the second-largest exchange OKX, which holds about $10 billion, according to the report.”
In October of this year, the exchange attracted over $60 billion in stablecoin inflows, significantly outpacing Coinbase with $33 billion. In November, the trend remained stable: Binance recorded $29 billion in inflows for USDT and USDC, while Coinbase saw $19 billion. This underscores the stable demand for the platform’s liquidity amid market uncertainty.
Over the past month, Binance also showed the largest increase in stablecoin reserves among centralized platforms: the 30-day growth reached $8.9 billion as of November 5, setting a record for 2025. In comparison, other exchanges like Bybit and OKX demonstrated significantly lower increases in reserves during the same period. This further confirms Binance’s high liquidity even during market corrections.