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Binance and Others Move 507M XRP as Token Faces Opposition at $0.42

XRP whales have moved over 507 million tokens in the past 24 hours as the asset faces fierce resistance at the $0.42 zone amid a lack of updates on the legal tussle between Ripple and the U.S. SEC.

The 507M XRP tokens recently moved were shuffled in five transactions involving Binance, Bitso, and Bitstamp, as highlighted by Whale Alert. The Binance transaction was the earliest, as the exchange moved 32M XRP valued at $13M to an unknown wallet yesterday at 15:10 (UTC).

(By ALBERT BROWN)

XRP XRP $0.82
+17.55%
Binance SEC Ripple
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