Coin

<ul class="news-points"> 
 <li>Binance experiences $44 million XRP withdrawals to anonymous wallets in 24 hours.</li> 
 <li>Analysis suggests Binance’s connection to the recipient wallets.</li> 
 <li>This month, Binance has transferred 287 million XRP to anonymous addresses.</li> 
</ul> 
Over the past day, Binance, the world’s leading crypto exchange, has seen large-scale withdrawals of XRP, with millions of dollars being transferred to anonymous wallets. The initial wave in this pattern began with a transfer of 25,138,803 XRP from Binance to an undisclosed wallet at 22:20 UTC on June 4. 
Subsequently, at 01:20 UTC, another 29,228,736 XRP, equivalent to $15.39 million, was sent from Binance to another anonymous wallet. At press time, <a href="https://x.com/whale_alert/status/1798313934333555018" target="_blank" rel="nofollow">XRP transfer</a> from Binance involved 30,258,205 XRP sent to an unidentified wallet. 
Cumulatively, within the last 24 hours, 84,625,744 XRP valued at approximately $44 million have left Binance’s publicly known wallet to anonymous addresses. The transaction monitoring service Whale Alert has closely tracked these movements and reported them in a series of updates on X. 
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 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcKOS4PwjkyMaWYa9c790nitJdKOeD1x_xA7s3qrRDlC_5aPUkdqhHnLszlrVNkvX51GyakzmgltvdNDiPnG0La_5NMZz8dgmERU_25TGjVoArofCC2Gc6FOqQJXVv8HOVkIfaIFTuiaHWJXwtGFXBnH_Of?key=VCLyWcxUy1Cd4u2lytI6xw" alt="">
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Although the identities behind the three recipient wallets remain undisclosed, a scrutiny of the blockchain data sugges…
The post <a href="https://coinedition.com/binances-mysterious-xrp-transfers-spark-speculation/">Binance’s Mysterious XRP Transfers Spark Speculation</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Binance’s Mysterious XRP Transfers Spark Speculation

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