XRP Price Holds Support Zone as Whales Withdraw $170 Million from Binance
— Cointelegraph
XRP price is holding around $1.40 as whales withdraw $170 million from exchanges.
XRP is trading around the $1.35-$1.40 support zone as whales withdrew $170 million from Binance.
- Whales withdrew a total of $170 million in XRP from Binance.
- XRP price continues to consolidate around the important support zone of $1.35-$1.40.
- This withdrawal may impact the supply and demand dynamics among market participants.
The large withdrawal of XRP by whales could reduce supply and potentially impact price dynamics in the market.