Binance has two consecutive weeks of net inflows of $1 billion, with net inflows exceeding $5 billion in November

On November 11th, according to DeFiLlama data, Binance has reached a net inflow of $1 billion for two consecutive weeks, making the net inflow in November more than $5 billion, which is five times the net inflow of the second largest platform. The significant increase highlights Binance's position as the preferred trading platform in the face of surging market demand and high user interest in crypto assets.
In addition, the Binance App received more than 13 million visits in a single day on November 6, echoing the increased attention following the announcement of the US Presidential Election results. According to DeFiLlama records, Binance's user asset holdings have reached $130 billion, the highest since Binance began disclosing proof of reserve two years ago. Meanwhile, CryptoQuant reports that Binance's reserve percentage (which shows Binance's holdings as a percentage of all exchange reserves) climbed to 25% this month, up 4% from 21% in November 2023.