@joidamor
Binance’s Net Inflow Is 10x More Than the Top 9 Exchanges Combined:
- According to DefiLlama, after the Bybit hack from February 21 to 27, Binance received $39.71 billion in net inflows, while the other 9 major exchanges (excluding Bybit) received only $3.97 billion.
- After the hack, users flocked to Binance, considering it a safe haven.
- Binance continues to dominate, with $53.23 billion in net inflows in February, 4.3x more than the other 9 exchanges combined.
- Binance has seen $30 billion+ inflows 6 times in the past year, and reached an all-time high of $92.9 billion in November 2024.
Binance remains the dominant player in the market, will they be attacked too?
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