XRP whales, or large holders of the cryptocurrency XRP, have been accumulating assets since Ripple’s court victory against the US Securities and Exchange Commission (SEC). The number of XRP whales owning over 100 million tokens has reached its highest level in 11 weeks. The court victory has led to a price increase for XRP and renewed optimism in the cryptocurrency market. Some believe the SEC’s dissatisfaction could result in a potential court appeal, prolonging the legal battle for at least two more years. However, experts in the crypto space argue that even if the lawsuit restarts, it does not guarantee a victory for the regulator.
AI Sentiment: Positive
