Data: The SEC's enforcement actions have led to $4 billion flowing out of Binance, Coinbase, and Binance US

ChainCatcher news, according to CoinDesk, on-chain data shows that approximately $4 billion has flowed out from Binance, Coinbase, and Binance US since the enforcement action by the U.S. Securities and Exchange Commission (SEC).

Data from blockchain analytics firms Nansen and Glassnode indicate that from Monday to Thursday this week, these three exchanges experienced a net outflow of $3.1 billion through the Ethereum network and a net outflow of $864 million in Bitcoin (BTC). Among them, Binance had a net outflow of $2 billion in Ethereum over the four days. This metric includes ETH and all Ethereum-based tokens. (source link)