According to U.Today, Santiment data showed that the number of XRP whale wallets holding more than 100 million XRP (worth US$74 million) surged to 199, reaching a high since May 13, indicating a significant increase in investor interest.

The surge in large XRP wallets coincided with the announcement of the Ripple ruling on July 13. At the time, the number of whale wallets holding the cryptocurrency was 196. In the following days, the number continued to rise to 199.