XRP Surge Ripple Whales Shift Millions

Ripple Whales Transfer $572 Million in XRP Following SEC Decision

• Ripple whales transferred 267,857,140 XRP, valued at approximately $572,238,240.
• The transfers involved four transactions of 66,964,285 XRP each, worth about $143 million per transaction.
• The U.S. SEC recently lifted an injunction on Ripple’s institutional sales of XRP.
• This decision allows Ripple to resume its on-demand liquidity services.
• XRP’s price has shown strength, reclaiming the $2.05 support level and targeting resistance at $2.24.

Following the SEC’s removal of restrictions on institutional sales, Ripple whales moved over $572 million in XRP through significant transactions potentially linked to Ripple’s renewed focus on its liquidity solutions.