<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

Các bài viết khác được xuất bản trên 24 thg 7, 2024

Bitstamp to begin Mt. Gox crypto payouts tomorrow

Redotpay Strengthens KYC/AML Screening With LSEG's World-Check Intelligence

Bitstamp to Begin Mt. Gox Creditors Bitcoin Payouts

Citi Sees 33% Upside For Coinbase Stock On Improving US Regulatory Environment

Will PEPE Climb 30% This Week? This Analyst Thinks So

XRP Lawyer Deaton Reveals Unexpected BTC, ETH and XRP Holdings

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!