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Ripple Whales Dump 48M XRP As US SEC Confirms Appeal, Selloff Imminent?

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Summary
Nutrition label

63% Informative

Ripple whales appear to be on a selling spree today , causing a dip of nearly 2% in XRP price.

According to the latest data, the whales have dumped more than 48 million tokens recently, sparking concerns over further selloff in the market.

This selloff comes as the US SEC has filed the last-minute appeal in the Ripple SEC case, which will extend the already long-running legal battle.

Pro-XRP lawyer Bill Morgan is skeptical of the community's "bright side" optimism amid the appeal.

VR Score

43

Informative language

30

Neutral language

40

Article tone

formal

Language

English

Language complexity

39

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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