RATE Group | Ripple Moves 149,519,897 XRP – Here’s Where Its Cryptocurrency Holdings Are Heading
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Ripple Moves 149,519,897 XRP – Here’s Where Its Cryptocurrency Holdings Are Heading

07 Feb Ripple Moves 149,519,897 XRP – Here’s Where Its Cryptocurrency Holdings Are Heading

Posted at 20:42h in Cryptocurrency News by

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Ripple is starting February off with a bang.

After initially taking 900,000,000 XPP out of escrow and transferring it into a company-owned wallet, the digital payments startup has done the same with an additional 100,000,000 XRP.

That brings the amount of funds available for Ripple to sell this month to the usual total of 1,000,000,000 XRP worth an estimated $281.6 million.

In addition, Ripple recently sent 30,000,000 XRP to a wallet used exclusively for selling its holdings to institutions over the counter.

Two minutes after that transaction, Ripple sent 19,519,897 XRP from its over-the-counter wallet to a wallet…

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