Massive Whale Spew: Over 200M XRP Rattles Binance!

It was a morning shrouded in the desert hush of crypto speculation, when folks found themselves gossiping over a colossal haul of XRP—like a caravan of wagons carting bounty across a worn dirt trail. Whale Alert, that ever-watchful herder of chunky coin transfers, came clanking down the path to announce the news, pointing out that nearly $400 million in XRP moseyed on over to Binance in a single go. The townsfolk on X took up their pitchforks of commentary, swapping tall tales about what might be going on behind those barn doors 🤔.

200 million XRP land on Binance

The Whale Alert scouts note this gargantuan deposit arrived under the dusty label of some “unknown” wallet, only to settle in the bustling farmland of Binance. We’re talking a hefty 200,000,000 XRP, which’ll buy you a few barns and a fancy horse or two—at least if you price it at $355,576,574. Folks in the saloon nearly spat out their sarsaparillas at the news.

As these coins rolled in, XRP had crashed by a whopping 16.25% earlier that day—like a farmer dropping his eggs in the dirt. Yet it sprang upright again, clawing back 8.97% in short order. At the time of writing, XRP’s trading for around $1.76055 per coin, prompting some folks to holler: “Dump it all, we’ll buy!” while others muttered, “They oughta sell the whole lot 😜.”

But the truth turned out as plain as a dust bowl—this was no mysterious drifter. Whale Alert has clarified that the “unknown” wallet was Binance’s own. Seems like the exchange was simply shifting its mighty hoard of XRP from one silo to another, proving that, sometimes, the biggest mystery is just housekeeping with a truckload of emojis.

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2025-04-07 16:50