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XRP Binance Withdrawals Hit Two-Year High, Transaction Imbalance Mirrors Setup Before 66% Rally

XRP Binance Withdrawals Hit Two-Year High, Transaction Imbalance Mirrors Setup Before 66% Rally

XRP withdrawal activity on Binance has climbed to its highest level in at least two years. According to a new on-chain analysis by CryptoQuant contributor Amr Taha, the exchange is now recording a significantly larger share of withdrawal transactions than of deposits.

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