"Withdrawal of 800 Million Ripple (XRP) to External Wallet Address from Binance... Approximately 2.7 Trillion Won"
Minseung Kang
Summary
- It was reported that 800 million Ripple (XRP) was withdrawn from Binance to an external wallet address.
- The withdrawn XRP amounts to approximately 2.7655 trillion won, which corresponds to 1.92732 billion dollars.
- It was reported that a large outflow of coins could act as a factor increasing the possibility of a price rise for the coin.
800 million Ripple (XRP) has been withdrawn from Binance to an external wallet address. This amounts to 1.92732 billion dollars (approximately 2.7655 trillion won).
According to the cryptocurrency transaction tracking site Whale Alert, at around 3:03 PM on the 16th, 800 million XRP was withdrawn from the Binance exchange to an external wallet address.
It is generally known that the more a specific coin is withdrawn from a cryptocurrency exchange, the higher the possibility of the coin's price rising.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
