According to PANews, Ripple has unlocked 500 million XRP from its escrow account, valued at approximately $1.02 billion. This transaction was detected by Whale Alert at 15:04 UTC+8. The release of such a significant amount of XRP could have implications for the cryptocurrency market, as Ripple periodically unlocks XRP to manage its supply and support its operations.
Ripple Unlocks 500 Million XRP Worth Over $1 Billion
--・
AI Summary
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
XRP
2.3634
+0.69%
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
@Binance_News