Retail oriented crypto exchanges tend to use a larger portion of their reserves for active trading compared to platforms that focus on institutional clients. Exchanges with a stronger institutional presence such as Coinbase, Binance, and Kraken maintain relatively low volume to reserve ratios of around 0.1. This suggests that most deposited assets are held rather than frequently traded.
Clear Differences in Asset Utilization
According to a recent report by CoinGecko, platforms that cater more to retail traders such as Bybit and Bitget show higher ratios of 0.3 and 0.5 on average between January 2024 and February 2026, indicating more active trading behavior.
Meanwhile, exchanges with smaller reserve bases including MEXC, HTX, and KuCoin demonstrate even higher asset turnover, with ratios ranging from 1.44 to 2.04. This reflects significantly heavier trading relative to the size of their reserves.
Beyond trading activity, CoinGecko also found that the total value of assets held across the top twelve centralized exchanges increased by nearly 70 percent, rising from 152.1 billion dollars at the beginning of 2024 to 225.4 billion dollars by February 2026.
Eight exchanges recorded net growth during this period, with Binance leading as its reserves doubled. At the same time, Coinbase continues to hold the largest Bitcoin reserves, exceeding 800000 BTC, followed by Binance.
Despite this, Coinbase has experienced notable outflows in both Bitcoin and Ethereum. Some of these funds appear to have shifted toward smaller platforms, as Bitget and MEXC reported strong increases in their reserve values.
Post Listing Performance Remains Weak
The report also highlights слаб performance after token listings across major exchanges. Only about 32 percent of newly listed tokens trade above their initial listing price within the first 30 days.
Upbit stands out with the strongest early results, with roughly 67 percent of its listed tokens remaining profitable, although it lists fewer assets overall. Binance and OKX follow at around 50 percent.
However, these gains tend to fade over time. Between 30 and 60 days, only about a quarter of tokens remain in profit, and the percentage continues to decline over longer periods across most platforms.
Coinbase is a partial exception, as some tokens listed on the platform have shown recovery after six months. Still, after one year, fewer than 10 percent of listed assets on most exchanges remain above their original listing price.#crypto#cryptonews https://coinsignals.nethttps://t.me/coinsignalpublic
