Whales add 468 million XRP as Amicus brief Back Ripple against SEC. XRP news from a critical case sparked whale interest amid the crypto market crash. Whales added 468 million XRP. XRP News: XRP, Ripple’s benchmark price recorded a huge rally after the US-based cryptocurrency exchange filed a brief from Amicus in favor of the defendants. However, other Amicus have submitted their briefs for summary judgment. This prompted whales to add more XRP tokens to their wallets.
Interest in XRP News and Pump Whales
According to data provided by Whale Alert, Crypto whales added more than 468 million XRP in several transactions. About $181 million worth of XRP has been hoarded by whales in the last 24 hours.
The total transaction record of the XRP backlog adds up to 350 million XRP. About 134.8 million XRP tokens were transferred to Binance and an unknown wallet.
However, more than 93 million XRP tokens (worth $36.1 million) XRP were bought by the Bitstamp crypto exchange in many transactions. The price of XRP jumped 3% in the last 24 hours. It is trading at an average price of $0.38, at the time of the report. Its 24-hour trading volume stands at $1.6 billion.
Amicus supports Ripple
Coingape reported that Judge Analisa Torres allowed the Amicus Brief to be submitted as part of the case. Coinbase Filed an Amicus Brief in Support of Ripple’s Fair Notice Defense. To date, 16 Amicus briefs have been granted. However, 13 support Ripple. After 2 approved by the United States Securities and Exchange Commission (SEC).