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Where Are the XRP Bulls? Price Drops to $1.21 Despite a $540 Million Binance Outflow

By Kamina Bashir

About $540 million worth of XRP (XRP) left Binance in a single day this week. Yet, the price has dropped 7.66% over the past 24 hours to $1.21, according to BeInCrypto Markets. Coins are leaving the exchange, but buyers have not stepped in to push the price higher. US spot XRP exchange-traded funds (ETFs) have The…

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Exchange-traded fund

An investment fund that holds a basket of assets, such as the shares in an index, and trades on a stock exchange like a single share.

ETFs offer low-cost, diversified investing and are a fast-growing way people save.

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