Golden Finance reported that CryptoQuant analysts wrote that since 2018, Binance has always led the cryptocurrency market in terms of the number of outflow transactions for Bitcoin (BTC) and Ethereum (ETH). In 2024, this dominance remained solid, with Binance recording the highest monthly BTC and ETH outflow transaction volumes of all centralized exchanges (CEX). Notably, in the last month of 2024, Binance processed nearly 2 million BTC and ETH outflow transactions.