Major holders transferred a record 2.66 billion XRP to Binance

Recently, experts have noted a connection between the influx of funds into XRP and price dynamics. In November 2024, a record influx of funds amounting to 150 million dollars coincided with the asset's price rising above 3 dollars. However, in December, high volatility and a noticeable outflow of funds began, resulting in the token's price falling below 1.50 dollars.

Currently, XRP is consolidating in a narrow range from $2.10 to $2.40. Over the last 24 hours, the token has increased in price by 20.4% to 2.41 dollars. However, over the week, the cryptocurrency has decreased in price by almost 0.7%.