Ki Young Ju, CEO of crypto data and analysis platform CryptoQuant, shared the crypto money exchanges that lead the Bitcoin spot market and a few different details. explained.
Ki Young Ju evaluated the Bitcoin spot market in the data he shared on his official Twitter account. Ju, listing the dominators of the spot market specific to Bitcoin, ranked first in his ranking. Binanceto second place Okex, Huobi, and Coinbasein the third row FTX, Bitfinex and Kraken put it.
When evaluating exchanges on the basis of users, Binance has the highest number of users, but the largest number of whales. Gemini He mentioned that he was on the stock market.
As for which exchanges have the strongest whales (trading volume times the whale rate of the stock market) between 2017 and 2018. Bitfinexbetween 2019-2021 Binanceif in 2022 Okex and Binance showed.
When evaluated in terms of overall spot trading volume, Binance, which is the leading one according to the data, is ahead of Gemini. 32 times more maintains its leadership in terms of transaction volume.
