XRP Slides 4% After $439M Ripple Transfer, But Whale Activity and Payments Surge Amid SEC Case Pause

XRPUSDT is currently trading at $2.1592 on Binance, reflecting a 4.08% decline over the past 24 hours from a 24h open of $2.2511. The primary driver of this price drop is the recent transfer of $439 million worth of XRP by Ripple, which triggered significant market attention and sell-offs amid broader market volatility. Despite this, on-chain activity remains strong, with a 50% increase in payments processed and a record number of XRP whale addresses, indicating continued investor engagement. The market is closely watching the paused SEC v. Ripple case and the anticipated settlement, which may provide further regulatory clarity and influence future price action. Trading volume remains robust, and XRP maintains a high market capitalization, underscoring sustained interest from both retail and institutional participants.