The SEC historic lawsuits against Binance and Coinbase have shaken up the crypto market, with Bitcoin's price sharply dropping before recovering. Glassnode data reveals a significant outflow of assets from Binance and Coinbase SEC's actions...
![Binance vs. Coinbase: Analyzing asset withdrawals in the wake of SEC lawsuits](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2023/06/bitcoin-outflow.jpg&w=70&h=37&q=75)
Binance vs. Coinbase: Analyzing asset withdrawals in the wake of SEC lawsuits
Exploring the impact of SEC lawsuits on Binance and Coinbase as major asset balances shed light on market response.
![Binance vs. Coinbase: Analyzing asset withdrawals in the wake of SEC lawsuits](https://cryptoslate.com/wp-content/uploads/2023/06/bitcoin-outflow-768x403.jpg)
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
The SEC historic lawsuits against Binance and Coinbase have shaken up the crypto market, with Bitcoin's price sharply dropping before recovering. Glassnode data reveals a significant outflow of assets from Binance and Coinbase SEC's actions...