Binance, Coinbase hit with hundreds of millions in outflows

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.