CryptoQuant: Liquidity is not leaving the crypto market, it is concentrating on Binance.

According to #CryptoQuant, the TOP crypto exchange holds about 47.5 billion $ in stablecoins #USDT and #USDC, and this is approximately 65% of all stablecoin reserves on centralized exchanges.

Meanwhile, crypto journalist Colin Wu summarizes the exchange activity for January 2026 (month over month):

Spot - the total volume on major platforms increased by about 10% compared to December 2025.

Derivatives - the total volume increased by about 0.5%;

Binance showed a growth in spot of +12.1% and in derivatives of +0.7%. Not the leader in growth for January, but still powerful in absolute numbers. Holds more than 1/3 of both the spot market and the derivatives market.

A giant on which all trading of crypto assets depends.