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“200,000,000 XRP Stun World’s Largest Exchange”
Today’s market turmoil saw a dramatic turn of events as the price of Ripple (XRP) took an unexpected upswing after initially plummeting by 16.25%. The cryptocurrency rebounded sharply, rising by a staggering 8.97% to reach $1.76055 per coin.
The sudden shift in XRP’s value was met with mixed reactions on social media platforms, as some traders and analysts questioned the nature of this transaction. Whale Alert, a popular crypto-tracking platform, revealed that an anonymous wallet had transferred an astonishing 200 million XRP tokens, sparking heated discussions about potential dumping or selling by an “anonymous whale.”
However, in a surprise twist, Whale Alert later disclosed that the mysterious wallet actually belonged to Binance, the world’s largest cryptocurrency exchange. It appears that Binance is simply engaging in internal reorganization and reshuffling of its vast XRP holdings.
As the dust settles on this unexpected turn of events, it remains to be seen whether this development will have any lasting impact on XRP’s price or overall market sentiment.
Source: https://u.today/200000000-xrp-stun-worlds-largest-exchange
