Data from DeFi Llama showing ERC-20 traffic on Binance.US paints a different story than above.

While Binance.com’s holdings of Bitcoin may be relatively stable, Binance.US’s holdings of Ethereum-based assets saw an outflow of $76.5 million on June 7.

A few days ago, on June 5, the day the SEC filed suit against Binance, Binance.US and CEO Changpeng Zhao (CZ) on charges including operating an unregistered exchange, the total Ethereum outflows from the U.S. segment to $506.9 million.

This disparity suggests that Binance.US altcoin users are more concerned about the potential impact of SEC enforcement action against the company.

Binance CEO Changpeng Zhao (CZ) clarified that the motion to freeze assets will only affect Binance.US if it is approved by the court.

“It will not affect Binance.com. Funding is #SAFU.”