Ripple Whales Accumulate More XRP Amid Volatility, Awaiting Court Decision

Ripple‘s XRP faced a major price correction last week following high volatility. On-chain data reveals that as we approach the summary judgment that the court will give in the long-standing case that the U.S. Securities and Exchange Commission (SEC) has opened against Ripple, cryptocurrency whales are taking the price drops as buying opportunities to accumulate more XRP. XRP Whales Chasing a “Big” Thing Famous cryptocurrency analyst Ali Charts reported that Ripple whales made a big move as the XRP price fell throughout last week. Whales accumulated approximately 360 million XRP (worth around 170 million dollars) in just 7 days. During this time, the XRP price dropped by 12 percent. XRP entered the year 2023 trading at an average price of $0.3399, since then it increased its value by approximately 40 percent and largely revolved around $0.47. Nevertheless, the popular altcoin also managed to break its barrier at $0.50 and traded […] The post Ripple Whales Accumulate More XRP Amid Volatility, Awaiting Court Decision appeared first on COINTURK NEWS.