Summary
- XRP whale investors withdrew 231 million XRP from Binance, marking the largest such outflow in the past six months.
- A CryptoQuant analyst said recent XRP whale withdrawals from Binance totaled 231 million XRP.
- The large exchange withdrawal typically indicates holdings being moved to external wallets, though the specific purpose of the withdrawal was not confirmed.
Forecast Trend Report by Period
XRP whale investors withdrew 231 million tokens from Binance, marking the exchange's largest XRP outflow in the past six months.
A CryptoQuant analyst said on August 26 that recent XRP withdrawals by whales from Binance totaled 231 million tokens.
That was the biggest XRP outflow from Binance in the past six months.
Large withdrawals from exchanges typically indicate that holdings are being moved to external wallets. The specific purpose of the withdrawals, however, was not confirmed.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.