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XRP News: Ripple Whales Move $572 Million, What Is Going On?

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Summary
Nutrition label

68% Informative

Ripple whales have been highly active in recent hours , transferring large amounts of XRP tokens between unknown wallets.

In total, 267,857,140 XRP , which, at the time of writing, was approximately $572,238,240 .

These large XRP whale transfers are believed to have a connection to Ripple ’s ongoing legal battle and its on-demand liquidity ( ODL ) sales.

These massive transactions were potentially triggered by the decision of the SEC to lift the injunction against institutional sales for Ripple recently.

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49

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36

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66

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formal

Language

English

Language complexity

52

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not offensive

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not hateful

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not detected

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short-lived

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