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69,999,999 XRP Worth Over $130 Million Shifted On-Chain as Traders Debate Binance Wallet Move
A single transfer of 69,999,999 XRP valued at $131,219,756 has been recorded on-chain and initially labeled as moving between unknown wallets, raising questions about potential selling activity while XRP trades around $1.87. An XRP-focused account later suggested the transaction was an internal Binance subwallet transfer, which would likely limit direct price impact as long as XRP holds in the $1.85 to $1.80 range. If the tokens instead move toward known distribution routes, traders are watching downside levels at $1.85, $1.80 and possibly $1.75 to $1.70, with upside scenarios eyed at $1.95, $2.00 and the $2.10 to $2.20 zone.