On-chain data shows that addresses related to Binance are recording outflows following the lawsuit filed against it by the Commodity Futures Trading Commission (CFTC).

Crypto intelligence platform Arkham Intelligence dashboard showed that the value of the wallets connected to the crypto exchange decreased by $1.46 billion since the news broke.

According to the data, the withdrawals were populated by transactions from retail investors who were withdrawing their assets from the exchang

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Author: Oluwapelumi Adejumo

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