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XRP Whales anticipate a favorable outcome in the Ripple vs. SEC lawsuit, see what they are doing

Mar 22, 2023 · 1 min read · 60 points
XRP Whales anticipate a favorable outcome in the Ripple vs. SEC lawsuit, see what they are doing
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More whales are signing up to the XRP ledger during a time when investors have doubled down on XRP accumulation. The uptick indicates that large inves

Highlights

  • 50 new whale addresses on the XRP Ledger holding 10 -100 million XRP tokens.
  • Over the last month, large investors in the crypto scene have accumulated 420 million new tokens totaling $155 million.
  • The uptick indicates that large investors anticipate a positive ruling from the legal tussle between Ripple and the United States Securities and Exchange Commission (SEC) The largest investors presumably anticipate a favorable outcome in the Ripple vs.
  • SEC lawsuit.
  • The SEC has accused Ripple of selling XRP as an unregistered security.
  • The ruling will significantly affect XRP and the future of the entire crypto playing field because the SEC has filed a lawsuit against Ripple, underscored by the largest exchange in the US relisting XRP.

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