On June 5, 2025, a transfer of 26.6 million XRP, valued at nearly 59 million USD, was moved to Coinbase. This transaction suggests that the whale may be preparing for a sale as the Ripple versus SEC legal battle intensifies.
As of now, XRP’s price has dropped approximately 3%, settling at around 2.19 USD. Furthermore, rumors of a potential settlement could create speculation and lead to fluctuating market sentiment.
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