In a move that caught the attention of followers, an anonymous wallet today withdrew 3.86 million XRP (estimated value around $7.5 million) from Binance to an unknown external address.
📊 According to analysts, this movement "could be a signal for something big," especially since it coincided with fluctuations in the price of the currency and increased whale activity on the chain.
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🔍 What could this movement mean?
📉 Potential reduction in supply for sale: Withdrawing XRP from the platform is usually interpreted as a holding intention (HODLing) or entering cold storage.
🧭 Preparing for institutional moves? In some cases, such transfers precede important partnerships or announcements.
⏱️ Sensitive timing: the transfer occurred at a time when XRP was trying to maintain a technical support level at $0.46.
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💬 "When the whales move, the market usually moves afterwards"
Is it just an internal transfer? Or the beginning of an anticipated rise? The coming days will reveal the intention behind this massive withdrawal.