![Crypto-Exchange-Binance-Controlled-92-of-Bitcoin-Spot-Trading-Volume.jpg Crypto Exchange Binance Controlled 92% of Bitcoin Spot Trading Volume at End of 2022: Arcane Research](https://cryptotoptrends.com/wp-content/uploads/2023/01/Crypto-Exchange-Binance-Controlled-92-of-Bitcoin-Spot-Trading-Volume-678x381.jpg)
Chatter about the solvency of Binance increased significantly after the collapse of FTX, and the exchange did suffer some outflows for a short period, though things have stabilized since. A market share this high could become problematic for the industry if Binance were to encounter any issues, whether regulatory or mistrust from users.
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