Where Are the XRP Bulls? Price Drops to $1.21 Despite a $540 Million Binance Outflow
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About $540 million worth of XRP (XRP) left Binance in a single day this week. Yet, the price has dropped 7.66% over the past 24 hours to $1.21, according to BeInCrypto Markets. Coins are leaving the exchange, but buyers have not stepped in to push the price higher. US spot XRP exchange-traded funds (ETFs) have also logged zero net flows for 3 straight sessions. Follow us on X to get the latest news as it happens The Biggest XRP Exit From Binance in 9 Months On November 4, 418.5 million XRP left Binance, according to analyst Darkfost. That made it the exchange’s largest outflow day in 9 months. The figure topped the 315 million XRP withdrawn on October 29, the day of the $6.3 billion Binance hack.
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