Recent Action Shows XRP Whales Know Something Big Is Coming
2025-07-17 17:25:10
Main Idea
A significant $15.58 million long position on XRP has sparked speculation that whales anticipate a major development, possibly related to the Ripple vs. SEC case or an upcoming SEC vote.
Key Points
1. A $15.58 million long position on XRP was opened at $3.1589, leading to speculation about insider knowledge among whales.
2. XRP's price surged over 10% in 24 hours, trading around $3.26 at the time of the report.
3. July 17 is highlighted as a potential pivotal date due to an upcoming SEC vote or developments in the Ripple lawsuit.
4. Former SEC Regional Director Marc Fagel cautioned that while the SEC may dismiss its appeal, the process could take weeks due to procedural filings.
5. The XRP community is hopeful for a settlement or SEC dismissal, which could further boost XRP's price.
Description
A staggering $15.58 million long position on XRP has just been opened at $3.1589, according to a recent post by crypto commentator Xaif on X. This move has reignited speculation across the XRP community: what exactly does this whale know that the broader market doesn’t? With XRP now trading around $3.26, up more than 10% in the past 24 hours, the timing and size of this trade suggest something bigger may be on the horizon. This isn’t just a large bet; it feels like a message. And many believe it...
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