On March 18, Steph_iscrypto reported on X that XRP whales have been making big moves, purchasing over 150 million XRP in just 48 hours. According to Santiment, this buying spree was worth an estimated $380 million, causing many in the crypto community to speculate about what could be coming next for the asset. This surge in whale activity ties into the ongoing conversations surrounding XRP price prediction and Ripple’s ongoing legal battle with the SEC, which has been in the works since 2020.
Link to Steph_iscrypto’s Post on X
Whale Buying Activity: What Could It Indicate?
In the world of crypto, whales are the market movers—those with significant capital who can influence price action with large trades. Santiment’s data reveals that these whales have recently been loading up on XRP, which raises questions about their motives. Are they confident about Ripple’s chances in court, or are they reacting to strong market sentiment?
However, it’s essential to remember that whale movements don’t always guarantee price surges. In some instances, whales accumulate coins in anticipation of taking profits, or they might be preparing for changes in the market. This was evident with other tokens like YFI back in early 2021. So, it’s important to approach whale activity with caution and analyze the broader context.
Currently, XRP is maintaining stability, trading between $2.29 and $2.30, according to Coinfomania. This kind of price stability could be a signal that whales are positioning themselves for the next big market shift.
Ripple’s Ongoing SEC Battle: A Major Uncertainty
Ripple’s legal clash with the SEC has been ongoing since December 2020, with the SEC alleging that XRP was sold as an unregistered security. The case is now in appeals, with some behind-the-scenes settlement talks taking place. The SEC filed a new appeal in January 2025, focusing on Ripple’s programmatic sales. Ripple, on the other hand, has filed a cross-appeal, which could drag the case out until July 2025.
This extended timeline has left many investors on edge. However, there’s hope that the current administration’s crypto-friendly stance may help expedite the resolution. Legal analyst Jeremy Hogan even suggested that the case might conclude by May 2025, though it remains uncertain.
With the uncertainty surrounding the SEC case, it’s clear that whales are keeping a close eye on developments. A win for Ripple could clear up much of the ambiguity surrounding XRP, potentially opening doors for broader adoption and increased market confidence.
Link to Jeremy Hogan’s Post on X
As the case drags on, it’s essential to stay updated on the latest XRP news to understand how legal outcomes may influence the market and price movements. The next few months will be critical, with the SEC case outcome and market reactions setting the tone for XRP’s future trajectory. Keep an eye on the evolving situation for any signs that could indicate where XRP is headed.