XRP Millionaires Make Bold 5-Year-Low Move Amid Market Drop
Photo: U.Today
Large XRP investors made an unexpected move amid a local price correction. After a recent surge to $1.70, the token's price settled around $1.30, which triggered a five-year record drop in withdrawal volumes. Holders of million-dollar wallets have virtually stopped withdrawing tokens for the long term but have begun moving liquidity en masse to trading platforms. According to CryptoQuant , the volume of XRP withdrawals from Binance fell to a five-year low. Large capital is now withdrawing just $49.7 million per day, a level last seen in October 2021.
Source: U.Today
