Ripple's XRP Sees Largest Binance Outflow in Six Months

Ripple's native cryptocurrency XRP has seen its largest outflow from Binance in six months, with whales pulling 231 million coins off the exchange.

The movement represents a significant shift in the market dynamics of XRP, which has been struggling to regain momentum after a tumultuous period last year.

The outflow is notable because it coincides with the recent introduction of a new Binance feature that allows users to transfer XRP to other exchanges without paying fees.