Binance Records $15.7 Billion Inflow in August, Capturing Over 75% of CEX Market Share

Binance saw a record-breaking $15.7 billion in net inflows during August, accounting for more than 75% of total inflows across all centralized exchanges. This surge coincided with Bitcoin's price rising over 20% to surpass $80,000, which boosted overall trading volumes. Binance Research noted that these inflows were 8.4 times higher than the second-largest exchange, with Bybit and OKX rounding out the top three for liquidity concentration. Meanwhile, Binance faces allegations in the EU regarding the acceptance of local users without a MiCA license.