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Ripple whales move 430M XRP amid regulatory hints

Ripple whales move 430M XRP amid regulatory hints

GrafaGrafa2025/02/14 09:30
By:Mahathir Bayena

Significant XRP (CRYPTO:XRP) movements have occurred, totaling 430 million, as Ripple's CEO, Brad Garlinghouse, signals possible regulatory shifts.

These events coincide with renewed discussions and optimism surrounding cryptocurrency policy changes in the U.S., prompting speculation about the future of Ripple and XRP.

The transactions, tracked by Whale Alert, included a notable 300 million XRP transfer from Ripple to an unknown wallet.

An additional 90 million XRP was moved between unidentified wallets, while 40.8 million XRP was transferred from Coincheck to an unknown address.

Such large-scale movements by major holders are often indicative of strategic realignments within the market, and can influence both liquidity and investor sentiment.

According to CEO Brad Garlinghouse, there’s a growing bipartisan push for regulatory clarity in the U.S. regarding digital assets.

"There is finally an incredible opportunity to advance meaningful bipartisan legislation," Garlinghouse stated.

This followed meetings with key lawmakers, suggesting a shift towards a more constructive stance on digital assets in Washington, D.C.

A U.S. federal judge recently paused the SEC’s lawsuit against Binance, which has fueled speculation about a possible settlement with Ripple.

The pause, according to ETF store president Nate Geraci, has led to speculation that crypto regulatory agencies are re-evaluating their approach to crypto-related lawsuits.

Furthermore, the SEC’s acknowledgment of a 19b-4 filing related to a potential XRP exchange-traded fund (ETF) suggests a potential change in how the agency handles crypto-related regulations.

Despite the recent activity, XRP's price has remained relatively stable.

If regulatory clarity improves and an XRP ETF is approved, analysts suggest that the asset could experience a new price discovery phase.

Some analysts forecast a potential XRP price rally to $8, depending on market conditions and regulatory developments.

At the time of reporting, the XRP (XRP) price was $2.59.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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