Whale Alert reported that 300 million XRP was recently transferred from a Binance wallet. The transaction is worth $115,976,350 in fiat.
This is not the first XRP withdrawal from Binance today – several hours before that, 37,371,039 XRP were also sent from the exchange to a “unknown” wallet.
The mass withdrawal from Binance comes after the US prosecutor’s office announced that it is considering pressing charges against the exchange for money laundering and violating sanctions.
CZ of Binance commented on the situation, stating that it is just FUD that has been following Binance since its ICO in 2017.
Data from XRP explorer Bithomp showed that the 300 million XRP were moved from one Binance wallet to another.
