- SEC meeting today could reshape Ripple’s legal battle and future.
- Whale takes $14M XRP position ahead of SEC closed session.
- Confidential agenda includes litigation and enforcement actions possibly involving Ripple.
The U.S. Securities and Exchange Commission (SEC) is holding a closed meeting today, July 10, 2025, at 2:00 PM ET, sparking renewed attention toward the Ripple lawsuit. According to the official Sunshine Act Notice, the meeting will take place remotely and at the SEC headquarters in Washington, D.C.
Attendance at the meeting will include commissioners, legal counsel, and other authorized staff, though it remains closed to the public. Among the agenda for discussion are the resolution of litigation claims, administrative actions, settlements, and enforcement proceedings.
Although no specific case has been named, these items have fueled expectations that a significant decision on Ripple could be made.
Also Read: Massive $60,000,000 XRP on the Move – Here’s Where It’s Going
As Steph is Crypto (@Steph_iscrypto) on X reports, the XRP community has been experiencing increased enthusiasm that the SEC might withdraw its appeals challenge against Ripple, and investors are keen to follow developments after the meeting.
💥 BREAKING:
SEC MEETS TODAY 2PM ET.
IF THEY DROP THE RIPPLE APPEAL, #XRP COULD GO PARABOLIC! pic.twitter.com/kmFqL1bIhO
— STEPH IS CRYPTO (@Steph_iscrypto) July 10, 2025
Meanwhile, a massive XRP position, worth $14 million, was placed using Hyperliquid. The investor invested $4.7 million of his funds and entered the position at around $2.30 per XRP. Currently, returns have surpassed $152,000, with the liquidation level at $1.57.
This calculated game-changer move has attracted attention because its timing is congruent with the meeting planned by the SEC. Community members and analysts have begun to speculate on whether the trade reflects strategic risk-taking or deeper insight into the legal proceedings.
XRP Traders Focus on SEC Agenda and Whale Activity Amid Legal Uncertainty
With the SEC listing litigation resolutions and enforcement matters on today’s closed agenda, XRP has become a focal point once again. Even though Ripple is not mentioned under the Sunshine Act notice, the pending legal proceedings have fueled speculations.
Moreover, the investors’ move has been considered a sign of confidence since the large leverage position was opened before the meeting. Others see it as a high-risk gamble on positive regulatory conditions. In either case, it has helped increase trading volume and movement of the market.
While there have been no official statements about the Ripple case, a possible change in the SEC’s legal position would immediately impact the regulatory prospects and future price of XRP.
As the SEC meets today behind closed doors, the crypto market remains alert for any updates related to Ripple. The outcome could influence both XRP’s legal standing and its performance in the days ahead.
Also Read: Ripple CEO Reacts to Recent BNY Mellon Collaboration in New Interview
