XRP Exodus: $130M Leaves Binance Before Ripple CEO’s High-Stakes Meeting!
XRP Holds Above $2.40 as White House Summit Sparks Speculation
XRP remains strong above $2.40, gaining 23% over the week. With major outflows from Binance and anticipation around the White House Summit, another breakout may be on the horizon.
XRP Defies Market Volatility, Investors Eye White House Summit
Unlike mid-cap assets like SUI and LINK, XRP is holding firm, fueled by speculation around President Trump’s upcoming meeting with crypto executives. Ripple CEO Brad Garlinghouse’s confirmed attendance has traders anticipating bullish policy developments.
Binance Outflows Signal Long-Term Accumulation
On-chain data shows Binance’s XRP reserves dropped from 2.9B to 2.85B tokens, a $130M outflow. This shift toward cold storage signals investor confidence, with speculation that institutional players may be accumulating ahead of potential U.S. Treasury moves.
Can XRP Break $2.50? MACD Signals Bullish Momentum
After hitting $2.60, XRP retraced to $2.47. The MACD bullish crossover and strong accumulation trend suggest a possible push toward $3.00. However, failure to hold $2.40 could lead to a dip toward $2.20.
With exchange liquidity tightening and regulatory developments on the horizon, XRP’s next move hinges on Friday’s policy signals. A breakout past $2.60 could reignite the rally.
