XRP Whales Selling Heavily As Ripple To Pay US SEC This Week
coingape.com 02 September 2024 22:48, UTC
XRP whales have ignited severe investor concerns, heavily dumping their holdings ahead of a $125M settlement between Ripple and the U.S. SEC. On-chain data pointed out nearly 1 billion XRP moved over the past day, raising speculations on the cryptocurrency’s future price movements. Moreover, recent massive escrow movements by the American blockchain payments firm have further propelled speculations on XRP price action ahead.