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

Data from blockchain analysis firms Nansen and Glassnode show that from Monday to Thursday this week, the three exchanges had 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 in four days. This indicator includes ETH and all Ethereum-based tokens.

At the same time, Bitcoin had a net outflow of $838 million (31,868 bitcoins). Coinbase's Ethereum net outflow reached $1 billion, with a total Bitcoin net outflow of $25 million. Binance US's Ethereum net outflow totaled $75 million. (Source link)