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XRP Whales Yank $335M in One Day Amid Price Surge

Guavy AI Editorial Team
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BNB XRP
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XRP's price has surged over the past week, gaining 11% as major cryptocurrencies rally. However, whale outflows from exchanges suggest a potentially bearish trend.

Whales withdrew 231 million XRP from Binance in a single day, exceeding $335 million and marking the largest withdrawal in six months. This is a significant reduction in supply available for immediate sale on exchanges.

The same analyst who reported the whale outflows noted that derivatives traders appear to be positioning against the rally. Binance's net taker volume reached its strongest sell-side imbalance of 2026, indicating aggressive selling by traders.

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