The Ripple vs. SEC case caused a surge in trading volume and price for XRP, with a whale depositing over 5 million XRP on an exchange. Whale transactions on the Binance chain saw a record-high spike on July 13 and 14, with varying reactions from different XRP whales.
Analysis showed that only one whale transferred holdings as the price rose, while three others held onto their positions. Large-scale whale transactions in the over $100,000 and $1 million categories also increased significantly, deviating from previous patterns.
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