Millions of Dollars in XRP Mysteriously Moved From Binance
Blockchain tracker Whale Alert reported two significant XRP transfers, each worth around $13.5 million, from Binance to unknown wallets.
In total, 45.6 million XRP , valued at $27.1 million, were moved by two anonymous whales.
These large withdrawals suggest a resurgence in XRP buying activity by major investors.
However, data from XRP explorer Bithomp indicates that the recipient wallets are also associated with Binance, implying that these transactions were internal fund transfers within the exchange.
READ MORE:
Bold Dogecoin (DOGE) Price Prediction From Crypto ExpertMeanwhile, XRP, the seventh-largest cryptocurrency by market capitalization, remains stable around $0.60155, showing little movement over the past week.
XRP’s price experienced fluctuations, peaking at $0.63 and then dropping to $0.54 before climbing back to $0.62.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trump-backed World Liberty Financial taps Chainlink to drive mass DeFi adoption
ZKsync approves proposal to distribute 325 million ZK tokens to boost liquidity across chains
Shiba Inu Community Pushes Token Toward $0,001
Can You Turn $500 Into $500 With These Cryptocurrencies?