Top 3 Centralized Exchanges Ranked by Digital Assets Held

• Binance leads with $66.917 billion in digital assets, followed by OKX and Bitfinex.
• Bitcoin dominates Binance and Bitfinex holdings; Tether prevails on OKX.
• All three exchanges saw a decrease in digital asset holdings in 24 hours.

According to information gathered by DefiLlama, which aggregates data from blockchains, Binance, OKX, and Bitfinex are the three leading centralized exchanges in terms of the value of assets in their possession. Lookonchain, a platform that tracks smart money on-chain and previously shared updates on X (previously known as Twitter), reported that Binance’s total holdings of digital assets are valued at $66.917 billion. Following Binance, OKX’s holdings are worth $12.413 billion, and Bitfinex’s assets total $11.746 billion, making them the second and third largest CEXs by asset holdings, respectively.

Significantly, Bitcoin was the predominant asset in terms of volume on two of the three leading centralized exchanges (CEXs), whereas Tether , the primary stablecoin, was the most held asset on the remaining one. On the Binance exchange, the amount of Bitcoin held amounted to $20.578 billion, constituting 30.75% of the total digital assets on the foremost cryptocurrency exchange.

According to the latest information from DefiLlama, OKX possesses $4.827 billion worth of Bitcoins, which constitutes 38.89% of the platform’s overall holdings. Tether is the most prevalent cryptocurrency on OKX, with a total volume of $5.2 billion, accounting for 41.89% of the market share on the exchange.

On the Bitfinex cryptocurrency exchange, Bitcoin is the most prevalent digital asset, constituting 65.47% of the total assets. As of the latest figures, Bitfinex holds $7.69 billion in Bitcoin. The digital asset LEO is the second most significant on Bitfinex, with holdings valued at $2.596 billion, which accounts for 22.1% of the exchange’s market share.

Data from DefiLlama indicates that there has been a decrease in digital asset holdings across the three leading cryptocurrency exchanges over the past 24 hours. The data aggregation platform’s records show that, in the 24 hours preceding this report, Binance experienced a withdrawal of digital assets amounting to $327.85 million. OKX saw a reduction of $17.01 million in digital asset volume, and Bitfinex had $42 million worth of digital assets removed by its users from the exchange.