XRP Whales Transfer $59 Million Ahead of SEC Case Deadline

A significant transfer of 26.6 million XRP tokens, worth nearly $58.9 million, has been made to Coinbase. This move comes just days before the June 16th deadline for the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). Experts suggest this large XRP transfer might be a sign of potential selling activity, as it is frequently associated with market-moving events.