The number of large whale wallets holding over 100 million XRP tokens has reached its highest point in nearly three months. This surge in whale wallets comes after a landmark ruling in the US determined that XRP is not necessarily a security. On-chain analytics firm Santiment has reported an accumulation trend among these large XRP whale wallets, with the current value of XRP hovering around $0.7387. The increase in accumulation follows a period of selling. The ruling in the legal battle between the SEC and Ripple earlier this year led to several cryptocurrency trading platforms relisting XRP, thereby bolstering its liquidity in the market.
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