Bitget Achieves Remarkable $1.78 Billion Inflow in October, Ranking Second Among CEXs Translation: Bitget Achieves Remarkable $1.78 Billion Inflow in October, Ranking Second Among CEXs

The total reserves of Bitget reached $7.83 billion in October, with a net inflow of $1.78 billion, according to DefiLlama. In terms of this metric, the exchange secured the second position globally among CEXs, as reported in the transparency report.

The report references a joint study conducted by Bitget and Nansen, which highlighted a trading volume of $23.1 billion on the platform.

«Binance leads with a trading volume of $45.9 billion. Bitget follows in second place with $23.1 billion, surpassing Bybit ($21.7 billion), MEXC ($18.9 billion), and OKX ($16.2 billion). High volumes are frequently interpreted as a sign of market activity, although they do not always reflect execution quality or user sentiment,» stated the report.

The share of institutional participants in spot markets rose from 39.4% in January 2025 to 72.6% by July. Meanwhile, the activity of market makers within this category on futures markets jumped from 3% to 56.6% over the same timeframe.

Nansen also ranked Bitget second globally in terms of institutional trading volume across Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP markets.

«On-chain reserve data from CryptoQuant highlights Bitget’s resilience. Bitcoin reserves on the exchange climbed from 28,600 BTC in September to 30,300 BTC in October, marking a 6% monthly increase and continuing a stable accumulation trend that began in Q2. This sharply contrasts with the overall market trend: total Bitcoin reserves on all centralized platforms dropped from 2.6 million to 2.38 million BTC, reaching a five-year low,» noted the report.

The trading volume of tokenized futures on US stocks on Bitget exceeded $1 billion, with users engaging with synthetic perpetual contracts for Apple, Tesla, and NVIDIA.

Bitget Wallet introduced multi-chain abstraction: fees can now be paid in USDT, USDC, or BGB across various networks. The wallet has also integrated with HyperEVM and Plasma, simplifying cross-chain transactions.

CEO of Bitget, Gracy Chen, participated in the Global Game Jam organized with UNICEF. Additionally, the company collaborates with the Google Developer Group at KU Leuven on the AI Accelerate Hack project, which merges artificial intelligence with blockchain.

«Bitget’s evolution as a Universal Exchange (UEX) is a continual process focused on enhancing user services. From institutional liquidity and tokenized markets to AI trading and cultural initiatives—each milestone brings us closer to a more open and intelligent financial future. UEX is not merely a model, but an approach to ushering in a new era of global finance,” Chen stated.

The complete transparency report can be found on the Bitget website.