Big investors of Ripple have attracted attention by transferring about 244 million XRP coins within a day. Whale Alert verified multiple transactions made by whales, sparking enthusiasm in the world of digital assets. The first transfer involved moving 18 million tokens from Upbit to an unknown wallet.

Another transaction showed 16 million XRP assets moving from the same exchange to an unidentified address. Additionally, approximately 210 million XRP assets were transferred between undisclosed addresses. The total massive XRP transaction reached 244 million, as prices start showing upward movement, indicating investor confidence in the remittance coin.

There have been speculations about a potential settlement between the US SEC and Ripple, adding to the positive mood within the community.

Possible SEC and Ripple Settlement on the Horizon

A member of the Ripple community claimed to see CEO Garlinghouse outside a New York courthouse, leading to talks about settlement discussions between the crypto company and the Securities & Exchange Commission. Furthermore, FOX Business reporter Eleanor Terret mentioned a "Settlement Conference" on Friday. She noted that the next hearing is set for April 16, 2024 – the final pretrial gathering.

Despite this, the documents hinted at the possibility of an earlier meeting between Ripple and the regulator to discuss settlement, without giving a specific date.

Future of XRP Prices

The remittance token was trading at $0.6265 at the time of the report, showing a 1.37% increase over the past day. The 24-hour trading volume also indicated positivity around Ripple's token.

Reaching a settlement may not be an easy task due to the ongoing battle between SEC and Ripple. Nonetheless, the trust from large XRP investors, news about a settlement conference, and the presence of Ripple's CEO in New York suggest potential negotiations. A settlement could lead to a rise in XRP prices.