Having reviewed the CoinGlass Q1 report, regarding CEXs, Binance's user assets under custody reached $152.9 billion, accounting for 73.5% of the industry. Its spot market share rose from 34% to 35.4%, derivatives from 33.2% to 35.7%, and its BTC reserves reached 659,000. It ranked first in depth across all four core sub-markets. The past few months have indeed been difficult for the crypto market, and Binance has faced numerous rumors and attacks. However, data shows that users still made their choices despite the sluggish market. However, Binance itself acknowledged that besides external noise, there were indeed many areas where internal performance was lacking, requiring review and analysis; it cannot all be attributed to external factors. They also mentioned that billions of people globally are still excluded from the modern financial system, lacking accounts and unable to transfer funds. Achieving true freedom of money is still a long way off.