Influenced by the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), big-time cryptocurrency investors, known as “crypto whales,” made significant purchases of XRP, resulting in a notable 23% surge in its value on August 7th. Prior to the recent decline in price, these high-stakes investors held XRP wallets containing anywhere between 1 million and 10 million coins, which were collectively valued at an impressive $4.42 billion. In terms of actual tokens, this amounted to a staggering 7.06 billion coins. Stay up-to-date with the latest financial and business news by visiting COINTURK FINANCE.
