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XRP whales withdraw from exchanges faster than retail investors

Large XRP holders, known as whales, are withdrawing coins from centralised exchanges faster than retail investors, data showed. The gap between whale and retail withdrawals widened in recent weeks, with a 7-day average spread across exchanges rising from 26.0 percent on May 6 to 50.9 percent on June 29. Analysts said the shift suggests whales are moving assets off exchanges, while noting withdrawals can have multiple purposes.