CryptoQuant data from February 17 indicates Binance’s $47.5 billion stablecoin reserves account for 65% of global exchange liquidity, underscoring sustained market dominance despite slowed bear market outflows.
On February 17, blockchain analytics firm CryptoQuant reported Binance holds $47.5 billion in stablecoins, representing 65% of total exchange stablecoin liquidity. While outflows from the bear market have decelerated, Binance’s share remains overwhelmingly dominant compared to competitors. This level of concentration highlights Binance’s pivotal role in trading liquidity and market activity.