XRP Whales Flee Binance with $335 Million

Large XRP holders have withdrawn over 231 million XRP tokens worth $335 million from Binance, marking the highest outflow in six months. This significant movement suggests whales are moving XRP to private wallets, potentially reducing the supply available for trading and fueling recent price gains.

XRP's price surged about 45%, pushing its market cap above $91 billion, with analysts eyeing a possible rise to the $2 mark.

The overall whale accumulation hints at strong bullish momentum ahead, despite some short-term selling pressure and liquidations.