$XRP is back in the spotlight today as whale investors reportedly withdrew around 231 million XRP from Binance â the largest XRP outflow from the exchange in roughly six months. đ
This major withdrawal comes after XRP delivered a powerful weekly rally of more than 40%, suggesting that some large holders may be moving tokens away from exchanges for longer-term holding. đđ
Meanwhile, XRP is trading around the $1.40 area, after cooling off from its recent surge.
đ„ Key things to watch:
âą Whale accumulation & exchange outflows
âą $1.40â$1.42 price area
âą Continued ETF demand
âą Whether XRP can regain bullish momentum
The whale activity is definitely something XRP traders should keep on their radar. đ
What do you think? Is $XRP preparing for another move higher? đ or will we see more correction? đ