Binance XRP Outflow Hits 418.5 Million, Largest in Nearly Nine Months
Photo: TokenPost
Binance recorded an XRP outflow of 418.5 million tokens on Wednesday, Nov. 4, the largest one-day withdrawal from the exchange in roughly nine months and a notable shift in the amount of XRP held there. At the time of the movement, the XRP was worth about $540 million. The total exceeded the 315 million XRP that left Binance on Oct. 29. The dollar estimate reflects XRP’s price when the transfer occurred. The record applies to XRP leaving Binance and does not measure flows across the broader market.
Source: TokenPost
