This month, Bitcoin holders conducted one of the largest coin distributions in the last five years.
So far, according to estimates from CryptoQuant, this volume has been absorbed due to demand from Bitcoin ETFs and investment funds. Currently, this is not the case, so the additional supply is putting pressure on the market 👀
According to analysts at Kaiko, Binance processed a spot volume of $20 billion and 61.9 million trades in a single day on December 1, 2025, which significantly exceeds the figures of other major CEXs. For comparison, the top-2 global exchange Coinbase conducted 6.2 million trades totaling $3.6 billion.
Right now, Binance maintains a share of approximately 60% of the centralized spot trading volume — this level remains stable during any periods (both in bull markets and bear markets).
As a result, Kaiko states that Binance, during its progress from 2017 to the present day, has de facto become a cornerstone of the global crypto world...
"We are closer than ever to the adoption of landmark legislation on the structure of the crypto market. We look forward to completing work in January."
The SEC of the USA has issued clear rules for the storage of cryptocurrency for brokers for the first time in history: they must ensure complete control over the coins, independently manage the assets, transfer them on the blockchain, analyze the security of the network, securely store private keys without intermediaries, and be prepared for force majeure events such as forks, scams, failures, etc.
Bloomberg reports that Binance is working with investment giant BlackRock – discussing strengthening financial ties, including the launch of additional products and possible revenue-sharing agreements.
Sources from the publication report that institutional investors may be able to use their assets from BlackRock funds to secure deals on Binance.
Insiders say that Binance is aimed at returning to the US market, while CZ's stake may be reduced due to the recapitalization of the exchange.