According to the analysis chart of Kaiko, an encrypted data company, the Bitcoin spread (Spreads) on Binance.US has soared sharply, about 20 times higher than Coinbase and Kraken, and has more than tripled in the past week. When users buy or sell cryptocurrencies, the spread (Spreads) is the difference between the current market price of that asset and the price at which that asset is bought or sold. The activity shows that users are dumping their BTC following the SEC’s lawsuit against Binance, Binance.US and Binance CEO Changpeng Zhao.
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