BINANCE JUST LAPPED THE ENTIRE SPOT MARKET

CryptoQuant data shows #Binance posted nearly $7T in spot trading volume in 2025, taking 41% of the Top 10 CEX share.

That’s ~4.6x #Bybit ($1.5T) and roughly ~5x #MEXC ($1.4T).

That kind of concentration can improve liquidity and execution, but it also means a big chunk of spot activity is happening in one place. 🚀 $BNB $XMR