# Whale Offloads XRP on Binance: What Does the Future Hold for the Digital Asset? Toncoin (TON) Value Forecast for March 26th
A crypto magnate, who has been keeping XRP for more than two years, has just transferred a considerable 26.5 million XRP (equivalent to approximately $67.65 million) to Binance and realized a handsome $56.87 million gain. On-chain information reveals that this investor acquired 25.12 million XRP from Binance between April and November 2022 at an average cost of $0.429, investing a sum of $10.77 million.
The whale then invested those XRP into a BNB liquidity aggregation, generating an additional 1.38 million XRP. After patiently biding their time, this investor ultimately chose to depart, precisely as some significant policy choices are developing for this top-three virtual currency.
The action transpired merely a day after the U.S. administration finalized its strategies for overseeing its digital asset holdings and creating a Bitcoin strategic reserve. This reserve strategy has ignited a substantial amount of discussion.
## Disagreement
Bitcoin is safeguarded by a “no liquidation” regulation, whereas other virtual assets, including XRP, could be disposed of at the judgment of the U.S. Treasury. There are presently no guidelines restricting the administration from selling its XRP assets.
From this angle, the whale’s XRP conveyance to Binance might imply that long-term XRP owners are conscious of the ambiguity encompassing its future. While the investor’s actions could be prompted by profit-taking, it also underscores anxieties regarding XRP’s security, even when possessed by the administration, as it could be exposed to compulsory liquidation.
In the old days, the digital currency field felt the effects of alterations in regulations, which caused changes in prices, and this occasion might follow suit. Regardless of the buzz regarding XRP, should large investors choose to liquidate their holdings at this time, it may reveal widespread doubt throughout the market concerning XRP’s position as a key backup resource. However, it is still uncertain if this signals a wider pattern.
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