Read, people, the ascent and you understand that the appeals he submitted in the case may be rejected...

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Ripple Whales Raise $177 Million in XRP Amid Renewed Market Interest | Here’s the Details

Ripple Whales Accumulate Heavy Amid Lawsuit Developments

The recent buying spree by Ripple whales has confirmed renewed market interest in the asset, coupled with legal developments. Data from Whale Alert on December 2 indicated a series of accumulations throughout the day.

According to the whale data, wallet address r32...yLn acquired 50 million tokens, worth $116.50 million, from cryptocurrency exchange Upbit. Furthermore, whale address “rfQ...Cvi” was recorded as accumulating 25.08 million tokens, worth $61.08 million, from cryptocurrency exchange giant Binance via two transactions. Collectively, these heavy buying sprees have confirmed increased market interest in the asset, fueling investor optimism about further gains to come.

On the other hand, with the US blockchain payments company looking forward to a possible end to the XRP lawsuit.

Primarily in light of the new SEC under Donald Trump.

Market sentiment towards its native cryptocurrency remains bullish.

We reported that attorneys Bill Morgan, Fred Rispoli, and Jeremy Hogan also announced that the appeals are likely to be dismissed or withdrawn in the lawsuit.