Quite possibly. The market is speculative, the cost of a project is determined not by its utility, but by its financial and marketing moves. One thing is for sure whales will not invest large sums in anything they are not sure about. It is not known whether Ripple will bring them income, but they are clearly counting on it. The owners of large sums of money are in no hurry to part with them without expecting to get even more profit.
It's quite normal scenario to see many large investors invest in a project that they think will give them profit someday and there is no way they are not searching for it before investing they already know the consequences that's why they put a large amount before they invested . mean they trust that coins too much to stored large amount of their money into it , they are now waiting for a big movement to gain from what they invested.
Big chance that there's already a good feed to them that's why they proceed and invest such huge amount of money.
When we say big investors it means that they are capable of having a big group to do the analysis and bring the potential outcomes, they are not just putting their money for nothing.
An open opportunities for sure brings them into the game, knowing that ROI
is very decent after supporting the project.