XRP whales buy 642M tokens at $1 amid SEC's new crypto fundraising reforms.

Major XRP holders have purchased over 642 million tokens near the $1 mark since early August, driven by a new SEC proposal easing token registration rules for projects raising up to $75 million annually. The regulatory shift has sparked renewed institutional interest, coinciding with Ripple Prime's $275 million bond offering and increased on-chain activity. Meanwhile, Bitcoin faces potential $4.36 billion in liquidation risks if prices fall to $57,200, though the SEC reforms and Ripple's strategic moves signal growing confidence and possible market stabilization.