Coin

<ul class="news-points"> 
 <li>Whales took out millions of XRP from the world’s largest exchange.</li> 
 <li>A trader predicted XRP’s price to slide but expects a significant hike by May.</li> 
 <li>The AO signaled that an uptrend looked possible as bearish control waned.</li> 
</ul> 
Within the last 24 hours, the number of <a href="https://coinedition.com/ripple-xrp-price-prediction/">Ripple (XRP)</a> tokens that left Binance exceeded 57 million. Coin Editon was able to confirm this after going through the Whale Alert official handle on X. 
According to the whale tracking platform, the <a href="https://twitter.com/whale_alert/status/1767103282424488014" target="_blank" rel="nofollow">transactions</a> did not happen in one go. Instead, they were in different batches. At one point, a whale withdrew 19.21 million tokens from the exchange. Another transaction also showed 18.82 million exchange outflows while the 3rd was 18.75 million XRP withdrawal from Binance. 
<h2 class="wp-block-heading" id="h-xrp-to-surge-after-bitcoin-s-halving">XRP to Surge After Bitcoin’s Halving?</h2> 
When events like this happen, it means that the cryptocurrency involved might face less risk of selling pressure. Despite the outflows, the price of XRP has not had a massive move. 
XRP’s price was $0.62 at press time, representing a 0.13% mild hike in the last 24 hours. However, crypto analyst Ben Armstrong <a href="https://www.youtube.com/watch?v=UzNLTdlsa-o" target="_blank" rel="nofollow">posted</a> on YouTube that the token might rally. But he noted that this might on…
The post <a href="https://coinedition.com/xrp-price-watch-large-binance-outflows-stoke-speculation/">XRP Price Watch: Large Binance Outflows Stoke Speculation</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

XRP Price Watch: Large Binance Outflows Stoke Speculation

Table of Contents

Coin Edition

Other articles published on Mar 11, 2024

Bitcoin Hits Record High, Analysts Weigh In on Surge

BlockFi Founder Zac Prince Picks New Role Outside of Crypto

Revolutionizing Social Interaction in the Real World: UXLINK Empowers Web3 Industry Growth and Ad...

UNIBOT collapses by 45% on termination of Solana cooperation

Bitcoin Revolution: BTC Is Going Wild; Is 100K Possible?

BlockDAG’s Keynote: The Talk of the Crypto World, Sparking a Presale Explosion!

Join our free newsletter for daily crypto updates!