Data on tributaries and outflows on CEX per month

Over the past month, the largest centralized exchanges (CEX) showed different results. According to Cryptoraank and Defillama, the overall picture indicates significant tributaries in some platforms and serious outflows in others. These changes reflect the mood of traders and affect liquidity in the industry.

Binance turned out to be the leader in the pure tributary of digital assets, having received $ 4.54 billion in a month. This result demonstrates a high degree of trust from users who continue to replenish the deposits on the exchange. Representatives of Binance do not disclose specific reasons, but analysts associate growth with updated loyalty programs and simplification of trading tools, as well as the situation around Bybit.

The last platform was faced with an outflow of funds of $ 3.45 billion, which is associated with hacking hackers from Lazarus Group. Immediately after the news about safety problems, users began to withdraw their cryptocurrencies actively withdrawing, fearing repeated attacks.

Bitfinex and HTX, on the contrary, showed positive dynamics. The first announced an increase in reserves, and HTX also recorded noticeable injections of funds. The leadership of both trading floors emphasizes the importance of transparency and openness in working with clients.

KuCoin And Okxafter Bybit They turned out to be the main losers and continue to lose assets. Experts indicate competition from larger sites that offer favorable conditions and wide opportunities for trade. In response to this, the platforms introduce new tools to keep customers.

The situation in the market of centralized exchanges remains unstable. The flow and outflow of capital often depend on the trust of traders and the speed of the reaction of the sites to incidents. Analysts believe that the further development of events will be largely determined by security, service and transparent policy policy.

Author

Peter Ivanov