Binance Witnesses Sudden Drop In XRP Holdings With 25M XRP Withdrawal

The post Binance Witnesses Sudden Drop In XRP Holdings With 25M XRP Withdrawal appeared first on Coinpedia Fintech News

Binance witnessed a sudden drop in XRP holdings as a total of 25.23 million XRP WORTH $13.16 million, has been withdrawn from the exchange. The transfer was made to an undisclosed address. Further investigations revealed that a specific address initiated the transfer of millions of XRP to another wallet. This destination address, which currently holds 4.167 million XRP, has been linked to withdrawals from Binance earlier this year. XRP has found crucial support and appears to have stabilized around $0.51 per token.