I’m hearing reports this morning that 745 million XRP coins have been moved into an unknown wallet. There is increased demand from investors as the SEC appear to be losing their case, since most of Ripple is traded outside the USA anyway I think a fine from the SEC may already be priced in.
It is pretty flat though having not moved above $0.48 since March first, however, the breakout could be imminent if enough retail traders and institutions put their fingers up to the SEC and buy anyway.
I think it’s a great investment as Ripple are testing a private version of their wallet for use with financial institutions giving me more confidence in it.
No news is good news, but in this case, it’s still going up.
https://www.ukbitcoinblog.com/general-info/xrp-ripple-big-whales-buying-in-but-what-about-the-sec/