The post XRP Whale Accumulation Surges As Ripple Vs SEC Lawsuit Draws To A Close appeared first on Coinpedia Fintech News

The XRP market has firmly held the current levels during the second half of 2022, despite pressures from the ongoing Ripple vs SEC lawsuit. According to aggregate data from Binance-backed Coinmarketcap, XRP price has ranged between 0.324  and $0.5523 in the past three months.

The XRP market – which takes pride in a fully diluted market cap of approximately $38,210,014,609 – has remained in the top ten crypto assets by valuation for several years.

As such, market strategists and the crypto community unanimously agree XRP has a high probability of surviving the current bear market. Moreover, the XRP market is widely used in many countries around the seven continents. Hence giving the XRP community hope of reaching the moon during the next crypto bull market.

Notably, whale crypto traders have been identified as accumulating more XRP coins in the recent past. For instance, over $18 million worth of XRP was withdrawn from Binance to an unknown Wallet.