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**Title:** 40,000,000 XRP Withdrawal Stuns Top South Korean Exchange
**Date:** Sat, 03/29/2025 – 12:51
In a surprising move, one of South Korea’s leading cryptocurrency exchanges has reported a massive withdrawal of 40 million units of XRP (approximately $1.4 billion at the current market value). This unprecedented event has sent shockwaves throughout the global crypto community.
This sudden and substantial withdrawal has raised concerns about the stability of the exchange and potentially, the overall health of the XRP market. The sudden loss of such a large sum has also led to speculation about the motivations behind this action.
Veteran trader Peter Brandt, known for his accurate predictions in the past, has even predicted that the price action in the near future could be significant, stating that “we are likely to see a major turn in the XRP market.”
It is essential to note that the reason behind this withdrawal remains unclear at present. However, one thing is certain – this unexpected event will undoubtedly have far-reaching implications for both the exchange and the cryptocurrency markets.
As the situation unfolds, we will continue to monitor developments closely and provide updates on any new information as it becomes available.
Source: https://u.today/40000000-xrp-withdrawal-stuns-top-south-korean-exchange
