XRP Records Highest Single Day Whale Accumulation Since Ripple’s Partial Victory Over SEC

XRP Records Highest Single Day Whale Accumulation Since Ripple’s Partial Victory Over SEC
Market intelligence platform Santiment recently revealed how XRP whales look to be going all in on XRP following significant purchases of the crypto token. Notably, these buys are said to be the most since Ripple’s partial victory over the Securities and Exchange Commission (SEC).  XRP Records 217 Whale Transactions Santiment stated in an X (formerly Twitter) post the XRP Ledger processed 217 ‘$1 million whale transactions’ on the network on January 31. This happens to be the most transactions of such magnitude recorded in a single day since Judge Analisa Torres ruled that XRP wasn’t a security in itself last year July.  Related Reading: Bitcoin To $5 Million? S2F Model Predicts When This Will Happen Just like Santiment noted, such an occurrence has the potential to impact XRP’s price positively. XRP had risen to as high as $1 on the back of Judge Torres’ ruling as it strengthened the conviction of the altcoin’s holders, who then decided to double down on their investments. If such a similar scenario plays out again, then XRP is expected to experience price ..

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