<ul><li>XRP whales bought $84M worth of XRP, boosting its price to $0.60 amid settlement speculation and ETF buzz.</li><li>Former SEC lawyer doubts settlement rumors with final Ripple ruling expected soon, possibly by early August.</li><li>XRP derivatives show mixed signals: trading volume drops, options volume plummets, while short liquidations surge.</li></ul><a href="https://cryptotale.org/xrp-ledger-hits-new-highs-in-daily-activity-and-wallet-creation/" rel="noopener noreferrer nofollow">Ripple</a>’s (XRP) legal battle with the U.S. Securities and Exchange Commission (SEC) has seen significant activity, intensifying the focus on potential resolutions. As highlighted by<a href="https://x.com/ali_charts/status/1815662684710310366" rel="noopener noreferrer nofollow"> Ali Martinez</a>, a top analyst, over the past week, XRP whales have made headlines by purchasing more than 140 million XRP, valued at approximately $84 million.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcUysGFfPDyWjAY4lHw81gQPY5bxsSICsjgfut7gxH5EF1F8HMFXlSBCVTVFmDTM2k8B56WSKym9KCTEqZ4OVVaQlXHYZrA0WZodh1Jzc09-EntnZxSQFNnSSN2LWZ1Wp13ibACX0v2XXi63Nmb9DMFZVU-?key&#61;W9PEPxE0cFl7CWo8ZkXF-w" />This surge in whale activity coincides with a notable uptick in XRP’s price, which currently trades at <a href="https://coinmarketcap.com/currencies/xrp/" rel="noopener noreferrer nofollow">$0.601158</a>. This price spike is attributed to increasing speculation about a settlement and growing buzz around an XRP ETF, particularly influenced by trading volumes in Asian markets like South Korea.<a href="https://cryptotale.org/ripples-legal-battle-heats-up-whales-buy-84m-in-xrp-amid-settlement-speculations/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Ripple’s Legal Battle Heats Up: Whales Buy $84M in XRP Amid Settlement Speculations

CryptoTale

Інші статті, опубліковані 24 лип. 2024 р.

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