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

  • Binance has experienced a $7 billion inflow of funds after the recent US elections, outpacing its competitors.
  • The surge in inflows has led to a rise in assets held on the platform, reaching $140 billion.
  • Binance's reserve percentage share has climbed to 25%, indicating its proportion of reserves compared to other exchanges.
  • The increased user engagement and growth in numbers are attributed to Binance's position as a preferred trading platform and the overall rally in the cryptocurrency market.

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