- Binance experiences $44 million XRP withdrawals to anonymous wallets in 24 hours.
- Analysis suggests Binance’s connection to the recipient wallets.
- This month, Binance has transferred 287 million XRP to anonymous addresses.
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, XRP transfer 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.
Although the identities behind the three recipient wallets remain undisclosed, a scrutiny of the blockchain data sugges…
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