CandleFocus Crypto Whale Realizes $56.87M in Gains on $XRP
2025-03-08
Author: Content Editor
A crypto whale recently made a large profit of $56.87 million by depositing 26.5 million XRP into Binance after holding the assets for 2.3 years. The whale had initially bought 25.12 million XRP from Binance at an average price of $0.429, costing them $10.77 million. They also used the XRP in a liquidity pool through Binance Coin, earning an additional 1.38 million XRP. This significant deposit is expected to impact the price dynamics of XRP in the short term and could shape wider market trends in the future.
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