Binance records $ 6 billion in unpaid profits thanks to its 60,000 BTC

The dark hours of the markets sometimes lead to scrutinizing the crypto-sphere from another angle. When gold climbs and rates worry, some already see the collapse of digital assets. However, far from pessimistic forecasts, Bitcoin is good. And its allies too. The exchanges, these large strong places, resist. Better still, Binance comes out of it, imposing itself as a crypto fortress that has not said its last word.

Giant representing binance debut on a sea, holding a bag full of bitcoins

In short

  • Binance holds 60,000 BTC of unrealized profits, equivalent to almost 6 billion.
  • More than 250 million users trust Binance, despite its centralized exchange status.
  • Competitors like Crypto.com, Bitget and Coinbase are gaining ground in front of the Historical Crypto Exchange.
  • The total spot and derivative volume exploded in December, reaching a record of 11,300 billion.

Binance: a crypto titan that garnered billions

Binance, innovation champion, posters Insolent financial health. On its own, the Exchange holds more than 60,000 BTC of unrealized profits. This is equivalent to almost $ 6 billion,, A historic record. The average acquisition price of these bitcoins would be $ 56,000, against $ 105,970 today. This margin impresses. And it reflects the strategic skill of the platform.

Graph reflecting the unpaid profit on bitcoin reserves at BinanceGraph reflecting the unpaid profit on bitcoin reserves at Binance
Profit not made on bitcoin reserves at Binance – Source: Cryptoquant

But that's not all. Binance claims 250 million users at the end of 2024275 million in early June, with more than $ 100,000 billion in cumulative transactions. Despite increasingly aggressive competition, it maintains A SPOT market share of 25.4 %. These figures speak for themselves. They show that Binance remains a colossus of the crypto sector, resilient in front of the opposite winds.

Despite a drop in performance in certain segments, the Exchange continues to attract investors. Its margins, its scale and its robustness make it a central actor, difficult to dislodge.

Users faithful to their digital safe

While many crypto holders opt for cold wallets, Binance still attracts. Her hybrid modelbetween Hot Wallet and Cold Wallet, seduced. Customers see it as a good compromise between security, flexibility and profitability.

In May-June 2025, despite a trend to withdraw the exchanges, an influx of $ 55 million was recorded in a single day. This reflects a resumption of confidence in the platform. Binance is not just an Exchange: it is a modern safe.

Graphic reflecting the inputs and outlets Bitcoin spotGraphic reflecting the inputs and outlets Bitcoin spot
Entries and outputs Bitcoin spot – Source: Coringlass

Its product strategy has a lot to do with it. Stoking, reduced costs, VIP access and high liquidity: Everything is designed to remember the user. Investors, whether novices or experienced, appreciate the ease of access and the diversity of services.

Even in a universe that advocates decentralization, Binance, transmitter of the BNB crypto, retains a strong appeal. Its full ecosystem reassures. It shows that a centralized exchange can still meet the expectations of a demanding market.

Market share war shakes the giants of the crypto

The reign of Binance is put to the test. If she still dominates, Competition refines its strategies. In 2024, Crypto.com gained 6.26 % market sharereaching 8.66 %. Bitget and Whitebit have also progressed.

Here are the key figures to remember:

  • Binance: -7.49 % market share in one year;
  • OKX: -3.22 % over the same period;
  • Bitget: +97.6 % spot volume in December;
  • Mexc Global: 4.42 % market share at the end of the year;
  • Total spot volume and derivatives in December: $ 11,300 billion, a record.

International Coinbaseon the other hand, exploded with +376 % growth on derivativesreaching 5.50 % of the market. The rise of these challengers shows that Binance is no longer alone. Each competing advance nibbles their kingdom. Trade strategies are evolving, promotions are intensifying, and the environment becomes more and more competitive.

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Binance returns from afar. In 2023, the American sec, led by Gary Gensler, had sued her. These attacks cost billions and leads to the eviction of its CZ founder. The shock was tough. But the wind turned: the complaint was officially removed. A delivery for the Crypto company. This episode recalls that even the giants can vacillate, but that they also know how to get up.

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