XRP whales transferred 153 million coins amidst an SEC appeal in the ongoing lawsuit against Ripple. The SEC submitted a notice of appeal against Judge Torres' ruling, which has led to market movements.
Three large XRP transactions were carried out, including significant dumps on exchanges. This activity has affected XRP's market value, causing a slight decline in price, trading volume, and interest in futures.
Speculation continues on the possibility of Ripple filing a cross-appeal, further impacting the case and possibly the market dynamics.
