Summary
- It was reported that approximately 341.1 billion KRW worth of Ripple (XRP) was withdrawn from OKX to an anonymous wallet.
- The transfer of 95,254,697 XRP to an anonymous wallet was described as a substantial transaction.
- It was reported that when a specific coin is heavily withdrawn from a cryptocurrency exchange, there is a possibility of a price increase for that coin.
A large amount of Ripple (XRP) has been withdrawn from OKX to an anonymous wallet address.
On the 5th (local time), Whale Alert announced via X that "95,254,697 XRP was transferred from OKX to an anonymous wallet," stating that "this amounts to $235.58 million (approximately 341.1 billion KRW)."
Generally, it is known that the more a specific coin is withdrawn from a cryptocurrency exchange, the higher the possibility that the coin will rise in value.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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