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Binance sees $7 billion inflow after US elections amid crypto rally – TON BOT

Binance sees $7 billion inflow after US elections amid crypto rally

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Binance has experienced a billion-dollar inflow following the recent US elections, with $7 billion in inflows since the election. This surge has led to a rise in assets held on the platform, reaching $140 billion. Binance’s reserve percentage has also increased, with potential to challenge Coinbase for the top spot in exchange reserves. CEO Richard Teng attributes this growth to the platform’s strong position amid rising demand for digital assets and the broader market trend of Bitcoin and Ethereum prices increasing. This milestone reflects the mainstream acceptance of digital assets globally.

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