Ripple Releases XRP Worth $225 Million From Escrow

Ripple has found itself in the eye of the storm at different points this year for selling a large amount of XRP at regular intervals. The San Francisco-based company is the biggest holder of XRP, the third-largest cryptocurrency in the world by market cap, and hence its actions have a bearing on the price of the token. How Will the Market React? In a new development, it has emerged that the fintech company has released another 1 billion XRP tokens, which are worth $225 million. Despite enjoying such a large…

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Ripple Escrow Wallet Transfers Another 500 Million XRP to Company

In recent times, Ripple has been at the center of whale moves and has managed to move a significant amount of XRP. In the latest development, Ripple Escrow wallet has completed the transfer of 500 million XRP token to Ripple. Massive Movement of XRP to Ripple In a recent tweet, the Whale alert indicated tokens worth around $130.1 million moved from the Ripple Escrow Wallet to Ripple. The Whale alert account usually provides information regarding cryptocurrency whale movements, and it is always informing the community about various crypto whale moves.…

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