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Whales Yank 231 Million XRP From Binance — Largest Withdrawal in 6 Months
Published Source: BeInCryptoRead original
Crypto Insight Summary: XRP’s (XRP) price has gained 11% over the past week as a broader rally lifts major cryptocurrencies. Only Solana (SOL) and Hyperliquid (HYPE) have posted stronger gains among the 10 largest coins. However, the market is sending opposite signals. Whales are moving coins off exchanges while futures data shows traders positioning against the rally. Follow Crypto Insight Analysis: Direction: Bullish XRP Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Large XRP withdrawals suggest accumulation, but futures positioning indicates potential near-term volatility.