Binance and Huobi are Leading BTC Flow
The latest study has turn out that worldwide leading Asian cryptocurrency exchanges Binance and Huobi are the leaders considering the BTC flow.
As reported by the latest study that was performed by TokenAnalyst, points out that the two crypto exchanges – Binance and Huobi are the obvious leaders in terms of Bitcoin transactions & flows.
As stated in the study, Huobi wallets sent the most BTC to Binance wallets within the current year. The complete amount of Bitcoins that was sent from Huobi to Binance was equal 259K BTC, with total number of 48,000 transactions and average transaction value of 5,400 BTC.
It’s interesting enought that the 2nd largest flow was the opposite – from Binance wallets to Huobi wallets. The total amount of sent Bitcoins was around 137K, with total amount of transactions equal 44k and average transaction value equal around 3,100 BTC.
These two crypto exchanges have definitely dominated outflow and inflow so far during the current year handling over double the volume.
On the 3rd place for outflow was Bitfinex with over 210K BTC and BitMEX was 4th with 165K BTC outflow.