iBNB

<ul><li>Whale Alert reported that Binance saw a withdrawal of 25.2M XRP, valued at $13.16M, to an undisclosed wallet.</li><li>XRP trades at  $0.5235, with a daily trading volume of $834.5M, showing slight daily gains.</li><li>Crypto analyst JAVONMARKS suggested a potential surge for XRP, comparing it to past price hikes of over 63,000%.</li></ul>A significant withdrawal of XRP from Binance has caught the crypto community&#39;s attention. Whale Alert, an onchain crypto sleuth, <a href="https://x.com/whale_alert/status/1797810630470025652" rel="noopener noreferrer nofollow">reported</a> a 25,224,389 XRP transfer valued at $13.16 million to an undisclosed wallet. This transaction, conducted on the Ripple blockchain, showcases the substantial movement of funds within the cryptocurrency market.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdLKHTZXflu-6-RhBOHm-Kx-8g2HgL5_KBGy4vUmoMNxAZFZrYnMP24nuajyY7eImyYf9qN0nMWrhkw6f-3XkEiFXKlHb9vZawxtWR_DhHXAyKmgLhauSPHVe1kOfeWU2WU19zpqJgCxKFJQQy-tPxKLCE?key&#61;Ubwz8FV9hJfmjm_A88eteA" />More <a href="https://whale-alert.io/transaction/ripple/4498C481EBB51E2691C1E7EC9E13239357B5833187EA8AF55FBE0BA31765BC77" rel="noopener noreferrer nofollow">investigation</a> on the transaction revealed that it occurred at 02:00:22 UTC on June 4, 2024, precisely 10 hours and 28 minutes before the reporting time. Identified by the unique hash 4498C481EBB512E691C1E7EC9E13239357B5833187EA8AF55FBE0BA31765BC77, this transfer emphasizes Ripple&#39;s efficiency with a negligible fee of just 0.003 XRP.The sender&#39;s wallet, associated with <a href="https://cryptotale.org/?s&#61;Binance" rel="noopener noreferrer nofollow">Binance</a>, sent this large sum to a partially revealed recipient address, rQ9EcLkU6...eN47Rk8Cvi.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXecXFvTPdMN172C5CYeUOGEQdEBhCNQ9V5c_8gFz1UiesAFRAbMrHDt8_mIrRmXZdD6gEAyz4NwpxYJNuNBQsOrCGEZzAifAAggR3pKcpvJOc_kdc5xJLUHkaYpwzEdeECNjtucQBJunHBfM0tnoqPNFWbi?key&#61;Ubwz8FV9hJfmjm_A88eteA" />Source: <a href="https://whale-alert.io/transaction/ripple/4498C481EBB51E2691C1E7EC9E13239357B5833187EA8AF55FBE0BA31765BC77" rel="noopener noreferrer nofollow">Whale Alert</a>This move follows a trend of significant withdrawals from major exchanges, reflecting shifting strategies among large-scale investors. At press time, the value of XRP stands at <a href="https://www.coingecko.com/en/coins/xrp" rel="noopener noreferrer nofollow">$0.527</a>, with a daily trading volume of $834.5B. Over the past day, XRP has seen an uptick of 1.6% but experienced a 0.1% dip over the past week.<a href="https://cryptotale.org/binance-sees-significant-xrp-withdrawals-crypto-community-reacts/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Binance Sees Significant XRP Withdrawals, Crypto Community Reacts

CryptoTale

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