Binance and Coinbase saw the most outflows of any centralized crypto exchange in the hours following the SEC's lawsuit against the former, data from Nansen shows.
Driving the news: Investors took out roughly $840 million worth of ethereum from Binance between 9 a.m. ET Monday (around the time news of the lawsuit first broke) and Tuesday morning.
Coinbase came in second, with some $483.4 million in outflows.