Ripple whales buy 120 million XRP during recent market pullback

Whale activity amid price declines: Recent data shows ripple whales have purchased 120 million XRP, valued at 288 million USD, during a 24-hour price drop. This trend has sparked excitement and suggests confidence in XRP’s recovery, indicating that whales are buying the dip.

Market context and regulatory changes: Ripple CEO Brad Garlinghouse is set to discuss regulatory clarity in an interview on December 8. This interview coincides with speculation regarding a possible shift in SEC leadership, which may influence XRP’s market performance.