🚨 XRP whales lock up liquidity: 52 million coins moved to cold storage!
On-chain indicators detected a massive transfer of $XRP coins, worth $67.69 million, between Binance cold wallets (cold-to-cold).
💡 Technical impact:
This transfer means the supply is being locked up, reducing the amount available for spot trading. The timing coincides with the price holding above the $1.26 support level and a bullish crossover forming on the 4-hour timeframe. This strengthens the case for hidden institutional accumulation and confirms the strength of the current bottom, setting the stage for a price breakout targeting $1.42 and then $1.69.
#Xrp🔥🔥 #CryptoWhales #BinanceSquar
On-chain indicators detected a massive transfer of $XRP coins, worth $67.69 million, between Binance cold wallets (cold-to-cold).
💡 Technical impact:
This transfer means the supply is being locked up, reducing the amount available for spot trading. The timing coincides with the price holding above the $1.26 support level and a bullish crossover forming on the 4-hour timeframe. This strengthens the case for hidden institutional accumulation and confirms the strength of the current bottom, setting the stage for a price breakout targeting $1.42 and then $1.69.
#Xrp🔥🔥 #CryptoWhales #BinanceSquar