Onchain analysts say the data show no signs of crisis at Binance, even as a wave of online criticism warns the exchange could become the new “FTX.”
Despite ongoing market volatility and Bitcoin (BTC) briefly dipping below $74,000 on Tuesday, Binance shows “no signs of stress,” according to the blockchain analytics company CryptoQuant.

“Binance holds around 659,000 BTC, virtually unchanged from 657,000 BTC at end-2025,” CryptoQuant said in a statement shared with…