Altcoins

XRP Whales Move 81M Coins As Ripple Files Cross-Appeal Against SEC, What’s Happening?

11.10.2024

XRP whales nabbed significant investor attention on Friday, moving millions of coins after Ripple filed a cross-appeal against the U.S. SEC in the XRP lawsuit. Recent on-chain data suggests that nearly 81 million coins were sent to crypto exchanges over the past day, raising market concerns despite the recent filing that supports the American blockchain payments firm. Meanwhile, the payments firm’s native coin traded dominantly in the green recently, sparking contrasting sentiments among investors amid recent developments.

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11.10.2024
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