The dominance of the Binance exchange in the cryptocurrency trading market has significantly increased at the end of November, as new data recorded lively spot and derive activity, stablecoin reserves reaching record levels, along with a rise to the sky in the amount of Bitcoin deposited by whales.
In addition, Binance has also recorded high inflows of BTC and ETH into the exchange, promising to have a significant impact on the overall market liquidity.
According to the latest statistics, Binance continues to maintain its leading position with spot trading volume reaching 25 billion USD and derivative trading hitting 62 billion USD. These figures have pushed Binance far ahead of other major exchanges in the context of a highly volatile market.
The flow of Bitcoin and Ethereum on the exchange reaches about 15 billion USD daily, reflecting the confidence and choice of investors for Binance for large-scale transactions.
Binance's dominance data | Source: Ali MartinezNotably, the stablecoin reserves on the exchange have increased to a record level of 51.1 billion USD, indicating that abundant capital is always ready for trading activities. Although the overall market has been trending down this month, the level of activity on Binance remains high.
The price of Bitcoin is currently trading around 91,000 USD after dropping from above 95,000 USD. However, this adjustment does not slow down the influx of capital into the exchange, demonstrating the appeal and central role of Binance in the cryptocurrency trading sector. The large trading volume also indicates ongoing interest from both retail investors and whales.
Data from CryptoQuant shows that the amount of Bitcoin deposited to exchanges by whales has reached the highest level of the year in the past 30 days, with a total value of about 7.5 billion USD – this is one of the largest transfers by major holders in 2025.
The last time there was such a strong influx of capital was in March 2025, just before the price of Bitcoin dropped sharply from 102,000 USD to a low around 70,000 USD.
Although the market trend has not been clearly defined, these deposits indicate that large holders are transferring significant amounts of Bitcoin to the exchange, possibly for the purpose of selling, hedging risks, or preparing for the upcoming recovery cycle.
These cash flows can boost market liquidity, helping prices react more quickly to strong fluctuations. The current price of 91,000 USD indicates that the market is still very active, while reflecting the close attention of whales to market developments. Their activities will have a significant impact on trading trends in the near future.
Analysts believe that these large deposits may signal a change in the preparation strategy of institutional investors for the upcoming weeks.
Another figure also shows that the total value of inflows into the exchange over 7 days for Bitcoin and Ethereum has risen significantly. For most of 2025, this figure hovered around 8 billion USD, but since August 2025, this value has continuously maintained above 11 billion USD.
The growth structure of Bitcoin and Ethereum on Binance | Source: CryptoQuantThis high level of demand is still being maintained even when the market experiences short cooling periods. This reflects a continuous influx of capital into the exchange at a steady rate, while also indicating that a large amount of coin is being held on the exchange.
This change could affect liquidity if the market shifts into a risk-hedging state. As the amount of coin on the exchange increases, the ability to trade in both directions also expands, facilitating more dynamic buying and selling activities. Additionally, internal movements such as wallet cluster updates and asset price fluctuations can also increase the USD value of the influx of funds, even if the amount of coin remains unchanged.
These factors explain why the value of the deposited cash flow remains high, while also demonstrating the strong connection between Bitcoin and Ethereum trading activities on Binance. This trend will be an important basis for investors to monitor and orient their strategies as capital continues to flow in the cryptocurrency market.
Mr. Teacher