Binance XRP Outflows Explode to 226 Million as Whale Activity Reaches Levels Last Seen in 2022
🐋 XRP whale net flow on Binance plummeted to -226 million units on October 29, significantly surpassing the -83 million units recorded in September 2022, amid a major security breach.
🔍 TRM Labs traced 233.46 million XRP from Binance wallets to an attacker-controlled address, with the FBI confirming North Korea's involvement in the $6.3 billion heist linked to the cybercrime group "TraderTraitor."
📈 Despite the hack, XRP's price experienced a moderate decline, dropping from above $1.3 to around $1.25, while spot XRP ETFs ended October positively, attracting $18.83 million in investments.
🐋 XRP whale net flow on Binance plummeted to -226 million units on October 29, significantly surpassing the -83 million units recorded in September 2022, amid a major security breach.
🔍 TRM Labs traced 233.46 million XRP from Binance wallets to an attacker-controlled address, with the FBI confirming North Korea's involvement in the $6.3 billion heist linked to the cybercrime group "TraderTraitor."
📈 Despite the hack, XRP's price experienced a moderate decline, dropping from above $1.3 to around $1.25, while spot XRP ETFs ended October positively, attracting $18.83 million in investments.