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200M XRP Pulled From Binance – Bullish Signal or False Alarm?

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200M XRP Pulled From Binance – Bullish Signal or False Alarm?

Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Crypto News XRP holders have moved approximately 200 million tokens off the Binance exchange over the past ten days, according to CryptoQuant contributor Darkfost. The move comes with the Ripple token trading 27% lower than a month ago, suggesting some investors see current prices as an accumulation opportunity rather than an exit point. Data tracked by Darkfost shows a steady drop in XRP balances held on the world’s largest cryptocurrency exchange by volume. Per the on-chain observer, the XRP supply ratio on the platform fell from 0.027 to 0.025 over ten days, which translates to about 200 million tokens leaving Binance

Source: https://cryptopotato.com/200m-xrp-pulled-from-binance-bullish-signal-or-false-alarm/

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