Whales withdrew more than 231 million XRP from Binance in a single day, totaling over $335 million, marking the highest level in six months. The token saw its market capitalization increase by $25 billion in one week, with a gain of over 40%. CryptoQuant analyst Darkfost stated that this trend could potentially allow XRP to test the $2 level in a relatively short timeframe. Network activity surged with over 654% more active addresses, rising from 47,180 to 356,070. However, long position liquidations reached approximately $4.66 million, indicating short-term bearish pressure in the derivatives market.
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