- On-chain trackers have highlighted multiple whale transfers involving hundreds of millions of XRP.
- A wallet associated with Ripple transferred 31 million XRP worth $16.5 million to an unknown wallet.
- The whale transfers came just a day after Grayscale won its lawsuit against the SEC.
On-chain transaction trackers recently reported two whale transfers involving hundreds of millions of XRP. Interestingly, one of the transfers, involving 31 million XRP, was initiated from a wallet associated with Ripple. The whale transfers come barely a day after Grayscale won its lawsuit against the SEC, triggering a market-wide rally.