77 Crypto Exchanges Record Nearly $1 Billion in Net Outflows Since June, Binance Sees $36.9M Inflow

According to CoinDesk Research, 77 global cryptocurrency exchanges recorded combined net outflows of nearly $1 billion since June, as reported on July 27. Binance, however, bucked the trend with net inflows of $36.9 million as of early July, maintaining deposits while the broader market saw significant capital withdrawals.

Despite declining overall market trading volumes, Binance retained approximately 24% of spot market share, 36% of perpetual futures market share, and about 55% of centralized exchange reserve assets.

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