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Centralized crypto exchanges have recently witnessed a noteworthy surge in reserves. As per the data from CryptoRank, Binance has seen a monthly $4.5B spike in its reserve flows to lead the top CEXs. The crypto analytics firm took to social media to share the list of ten prominent CEXs, including Binance, Bitfinex, $HTX, and others.
Binance reserves surge by $4.5B as Bybit sees massive outflows@Binance recorded net inflows of $4.5B over the past month, while @Bybit_Official saw $3.45B in outflows following a hack situation.
— CryptoRank.io (@CryptoRank_io) March 5, 2025
Meanwhile, @Bitfinex and @$HTX_Global reported positive inflows, in contrast to… pic.twitter.com/FZHIl4zVNm
Binance Dominates CEXs by Per-Month Reserve Flows after $4.54B Increase
Binance is the dominating centralized crypto exchange when it comes to per-month net reserve flows. As per the market data, the respective surge has placed the cumulative assets of Binance at the staggering value of $137B. Subsequently, Bitfinex stands in the 2nd position with a $639M increase in monthly reserve flows. As a result of this, the crypto exchange’s total assets have reached $25.3B.
The top 3rd centralized exchange in terms of per-month reserve flows is $HTX. The net reserve flows of the CEX have reportedly witnessed a more than $585M increase to touch the $5.60B mark in the case of assets. Following that, Gate.io secured the 4th rank among the CEXs with a $189M rise. With this noteworthy upsurge, Gate.io’s total assets have attained the $6.49B spot in value. Another top centralized crypto exchange that experienced positive reserve flows over the past 30 days is HashKey. With a $167M jump, its total assets now account for $942M.
On the other hand, the other five prominent centralized exchanges have gone through negative reserve flows over the month. In this respect, BitMEX has recorded a $56M dip in net reserve flows, placing its assets at $4.55B. Apart from that, Deribit also saw negative reserve flows of up to $85M. Due to this, its cumulative assets have declined to $3.94B.
Bybit Bottoms List with $3.45B Plunge in Per-Month Reserve Flows
CryptoRank’s list of centralized exchanges based on per-month net reserve flows adds KuCoin in the 8th position. The crypto exchange beheld a $464M plunge in monthly reserve flows, leading its assets to $2.10B in value. Following that, OKX accounts for $23.6B in total assets following a per-month decrease of $517M in reserve flows. Additionally, Bybit comes last in the list of CEXs with top monthly reserve flows as it witnessed a $3.45B dip. Following that, its total assets comprise $12.3B.