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Where Are the XRP Bulls? Price Drops to $1.21 Despite a $540 Million Binance Outflow

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Where Are the XRP Bulls? Price Drops to $1.21 Despite a $540 Million Binance Outflow

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 The post Where Are the XRP Bulls? Price Drops to $1.21 Despite a $540 Million Binance Outflow appeared first on BeInCrypto.

Key Takeaways

  1. About $540 million worth of XRP (XRP) left Binance in a single day this week.
  2. Yet, the price has dropped 7.66% over the past 24 hours to $1.21, according to BeInCrypto Markets.
  3. Coins are leaving the exchange, but buyers have not stepped in to push the price higher.
Read Full Article on BeInCrypto

Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.