Ripple (XRP) Whales Are Pulling Millions Off Binance: The $2 Level Is Back in Focus
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XRP briefly surged past $1.70 before stabilizing near $1.40, suggesting it hit resistance after a massive rally. Whale withdrawals from Binance reached a six-month high as more than 231 million XRP moved off-exchange by large holders, reducing on-exchange supply and affecting token performance, liquidity and broader crypto market dynamics.
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XRP briefly surged past $1.7 before stabilizing near $1.4. While the token appears to have hit a wall after a massive rally, whale withdrawals from Binance have surged to their highest level in six months.
According to the latest findings by CryptoQuant analyst Darkfost, more than 231 million XRP have moved off the exchange by large holders.
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