Amid the SEC's appeal against Judge Torres' decision in the Ripple case, XRP whales made significant moves by shifting 153 million coins. This development has ignited speculation within the cryptocurrency market.
On-chain data disclosed three notable whale transactions, with substantial amounts being transferred to exchanges like Bitso and Bitstamp. These movements have captured the attention of traders and analysts alike.
The impact of these transactions on XRP's market price has been noticeable, causing a slight dip and generating a bearish outlook among investors. The situation continues to evolve as the legal battle unfolds.
