XRP Sees Increased Whale Activity as Ripple's Legal Battle with SEC Intensifies
Over the past 12 hours, Ripple ’s XRP has experienced a noticeable uptick in whale activity , signaling increased investor interest ahead of its ongoing legal showdown with the U.S. Securities and Exchange Commission ( SEC ). XRP is currently trading around $0.547 , showing a modest recovery of approximately 2% over the past week​( thecurrencyanalytics) .
The surge in whale activity, with over 35,700 unique wallets making transfers in a single day, indicates strategic positioning by investors in anticipation of significant market developments . Additionally, Ripple filed a cross-appeal against the SEC, aiming to challenge the $125 million penalty imposed for alleged securities violations​ (thecurrencyanalytics) . This legal case continues to shape both market sentiment and regulatory discussions surrounding cryptocurrencies in the U.S.