Do not store 96gb of anything on exfat, use ext4 or APFS or zfs or some journaled file system. Does NTFS really have a 4GB file size limit? Structures should match exfat so that part seems suspect to me.
No, but FAT32 does. Exfat, on the other hand has a file size limit of 16 exibibytes. That, combined with exfat's cross-platform mounting (NTFS has a lot of limitations in this regard) makes it a superior formatting system for flash based offline file transfer.
This is the kind of thing that you download once and then never write anything on that media until you decide to refresh the content. In fact, you might as well mount it read-only. A journaling FS wouldn't do anything useful here.
