Will XRP Prices Surge After 51 Million Stash Shifted from Binance?

Quick Summary:

A substantial amount of Ripple (XRP)—51 million tokens worth approximately $25 million—was transferred from the Binance exchange to an unknown wallet.

This transaction has fueled discussions among investors and analysts regarding the potential impact on XRP’s market price.

The critical support level at $0.46 is seen as a potential floor; if this level fails, the next significant support lies at $0.41.

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Article Details

Author / Journalist: Maxwell Mutuma

Category: Crypto

Markets: India

Topics: Altcoin News Ripple XRP price XRP Whales 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-22 @ 19:56:18 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 417 words

Reading Time: 3 minutes read

Sentences: 42 lines

Sentence Length: 10 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 21338789

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 29 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

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