RATE Group | Ripple Releases 1,000,000,000 XRP Worth $226 Million, Over-the-Counter Wallet Remains Hi…
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Ripple Releases 1,000,000,000 XRP Worth $226 Million, Over-the-Counter Wallet Remains Hi…

02 Mar Ripple Releases 1,000,000,000 XRP Worth $226 Million, Over-the-Counter Wallet Remains Hi…

Posted at 02:27h in Cryptocurrency News by

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Ripple just unlocked one billion XRP from escrow, worth about $226 million. The move was tracked by cryptocurrency whale watchers and once again raises questions on how much XRP the San Francisco-based startup is selling on a monthly basis.

Ripple owns more than half of the total supply of XRP and has slowed its sales of the digital asset to third parties in recent months.

A Ripple-owned wallet used exclusively for selling its holdings to institutions over-the-counter, however, has remained highly active in the month of February, sending…

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