500 Million XRP Vanish From Binance as Investors Double Down on Price Surge
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4 Articles
The XRP reserves stored on Binance have been reduced in a consistent way over the last year, and this drop in XRP reserves on Binance is fueling a debate among analysts on what it really means for the market. While the price of the token slightly lags back, the data on on-chain movements tell a different story: the [...]
XRP Binance Reserves Drop 500M as Price Slips Below $1.38
Something odd is happening beneath XRP’s price chart . While the token itself has drifted lower over the past week, a steady stream of coins has been quietly leaving Binance, and the size of that outflow is now large enough to raise real questions among traders. The XRP Binance reserves drop has...
ZyCrypto
BITRSS500 Million XRP Vanish From Binance as Investors Double Down on Price Surge
XRP may be losing steam on the price chart, but investors appear to be doing the opposite. Notably, the token has fallen nearly 2% over the past week, according to CoinMarketCap data, and traded mostly sideways on Monday, yet a major drop in Binance’s XRP reserves suggests some holders are quietly moving their coins off […]
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