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Where Are the XRP Bulls? Price Drops to $1.21 Despite a $540 Million Binance Outflow

Published Source: BeInCryptoRead original

Crypto Insight Summary: About $540 million worth of XRP (XRP) left Binance in a single day this week. Yet, the price has dropped 7.66% over the past 24 hours to $1.21, according to BeInCrypto Markets. Coins are leaving the exchange, but buyers have not stepped in to push the price higher. US spot XRP exchange-traded funds (ETFs) have Crypto Insight Analysis: Direction: Bearish XRP Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: XRP shows weak demand despite large exchange outflows; no broad crypto market impact.

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