XRP has surged 30% in the past two days as the broader market has shown signs of recovery, especially after news that Gary Gensler is expected to step down as SEC Chairman.

XRP whale collects $124 million worth of tokens
Amid this strong price increase, on November 20, a crypto whale made a large transaction, transferring nearly 111 million XRP (equivalent to $123.59 million) from Binance to an unknown wallet.

Xrp Ledger Exchange Reserve Binance
Xrp Ledger Exchange Reserve Binance
This large-scale withdrawal may stem from the bullish sentiment of the market and the impressive growth of XRP.

At the same time, XRP reserves on exchanges have been continuously decreasing, which shows that not only individual investors but also whales and institutions are withdrawing large amounts of tokens from exchanges. This is considered a positive signal, because when the supply on the exchange decreases, there is usually less selling pressure, giving the asset a chance to increase in price.

Man onchainz ⛓️,
No stress, 
I choose my peace over everything 💞

I hate it when I do have a coin, and it's rising like hell