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
U.S. technology stocks fell before the market opened
US stocks closed next Monday
The US dollar index DXY fell 20 points in the short term and is now at 99.23
Fed's Goolsbee: Rate cuts still possible in next 10 to 16 months
Crypto prices
More
