XRP Whale Withdrawals From Binance Hit 7-Month High
Whale withdrawals of XRP from Binance reached a seven-month high, according to a report from Pluang.
Large-scale holders have accelerated withdrawals of $XRP from Binance, driving outflows to a seven-month high, according to data published by Pluang.
Exchange Reserves and Supply
Instant Telegram notifications for large on-chain moves.
The significant movement of tokens away from the major trading platform suggests a potential reduction in liquid trading supply. Analysts monitor whale withdrawal metrics to gauge large investor sentiment and potential shifts toward self-custody or cold storage.
Key facts
- XRP whale withdrawals from Binance reached a seven-month high, according to Pluang.
- The data signals a potential reduction in exchange trading supply.
Source: news.google.com
This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.
