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Johnson
@moonfun
" '24 Year of Growth through Institutional Investor Exchange' "The year 24 marked a significant turning point in the crypto industry. The exchange reported a sharp increase in average Bitcoin and USDT deposits, suggesting an increase in institutional investor engagement. The average Bitcoin deposit holdings on all exchanges increased from 0.36 BTC to 1.65 BTC in 2023, while USDT holdings surged from $19,600 to $230,000. This large holdings reflect the growing interest of institutional investors, setting institutional activities apart from smaller investors. The Binance exchange leads this institutional investor growth, with the largest increase in average Bitcoin holdings on major exchanges. This is in line with the 40% expansion in institutional investor business on the platform mentioned by the Binance CEO. Binance's average daily Bitcoin deposits increased by 2.77 BTC, far ahead of Kraken (0.56 BTC) and Coinbase (0.41 BTC). For USDT, Binance
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