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Amidst the SEC vs. Ripple feud, whales come to XRP holders’ rescue
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XRP’s price performance has always been controversial, because it’s seemingly impossible to talk about the asset without bringing up the contentious SEC vs Ripple Labs lawsuit. That said, however, there are some movements taking place that investors and traders need to follow.
Data from Santiment revealed that “top tier” whales have been accumulating vast amounts of XRP since December 2021. What’s more, this was reported to be the second-largest accumulation in five years.
Though crypto exchanges could be a reason for this, many might be inspired to follow the trend.
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