An unidentified whale has withdrawn over 563,000 XRP from Binance, bringing their total withdrawals to over 2 million XRP and an unrealized profit of over $640,000. This comes as XRP has seen a 73% increase in value since a judge ruled it is not a security.
The whale's recent activity has caught the attention of blockchain surveillance system Lookonchain, which confirms the withdrawals through Binance Smart Chain data. The fact that the whale has withdrawn their XRP holdings during a price uptick could signal renewed optimism and anticipation of a larger rally.
All Comments