Big investors are interested in Ripple’s XRP, presumably driven by speculations around the blockchain’s case with the U.S. SEC and improving sentiment in the digital asset space.

From the latest data shared by analytics firm Santiment and corroborated by famous blockchain enthusiast Ali Martinez, in the last month, an estimated 50 XRP whales, holding between 10-100 million tokens, entered the network. The investors have accumulated more than 420 million XRPs worth over $185.4 million.

(By Jared Kirui)