$XRP Whales Pull 301 Million Tokens from Exchanges
Large $XRP investors have been quietly withdrawing tokens from major exchanges. According to on-chain data, 301 million XRP were pulled from Binance, Coinbase, Bybit, and Bitget in a single session.
The withdrawals are significant, as large holders typically move their tokens away from exchanges when they plan to hold them rather than trade immediately.
Binance recorded the largest outflow, with approximately 151 million XRP leaving the exchange. This accounted for about half of the total withdrawn, with Bybit following closely behind at around 68 million XRP.
The trend suggests that $XRP investors are preparing for longer-term positions, which could make the token more responsive to new buying pressure if demand increases.