Prominent blockchain tracking service, Whale Alert, has detected a large deposit of XRP onto Binance, the world's leading exchange. This caused a bullish response from the cryptocurrency community. However, it was later revealed that the deposit was likely an internal transfer by Binance itself. Meanwhile, the price of XRP experienced a significant surge of over 12% from $2.92 to $3.29, following a decline the previous day. The surge in XRP price was in line with Bitcoin's trajectory, which reached a new all-time high. Ripple CTO David Schwartz commented on Gary Gensler's departure from the US Securities and Exchange Commission, cautioning the XRP community from attacking each other and instead saving energy for fighting a potential new "enemy of crypto" in the future.
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