$46 Million in XRP Leaves Binance, Buy Signal or What?

Quick Summary:

Recently, a whale transaction tracker, Whale Alert made a post on X (previously Twitter) that 22.08 million XRP tokens worth $46.13 million were transferred from Binance to an unknown wallet.

At press time, XRP is trading near the $2.40 level and has witnessed a price surge of over 20% in the past 24 hours.

However, XRP has held itself above the strong support level of $2, which keeps the altcoin bullish, but it is currently facing minor resistance near $2.45.

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Article Details

Author / Journalist: Chandan Gupta

Category: Crypto

Markets: United States

Topics: Price Analysis Ripple (XRP) News Crypto news

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-11 @ 18:06:55 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 392 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 24359055

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