Hundreds of Millions of XRP Moved from Binance, Here's What Happened Here

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Hundreds of Millions of XRP Moved from Binance, Here's What Happened Here
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Whales shift 350 million XRP from binance, $DOGE co-founder BillyM2k says Binance holds the market

has recently made yet another comment on the recent collapse of the FTX exchange after its founder Sam Bankman-Fried filed for insolvency.

Markus tweeted that should the same happen to Binance exchange or even to Tether stablecoin, this would be a deadly blow to the cryptocurrency market —"If either does, it's pretty much game over" is how he chose to put this.

As a reminder, there was a moment when Binance offered a bailout to FTX, and CZ singed a nonbinding letter of intention, leaving himself a chance to withdraw from the deal at any moment. He did so when he realized that the problems of the exchange are beyond Binance's ability to help.

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