Ripple Strategic Escrow Move Locks 800m XRP,

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Ripple has moved a significant volume of XRP into escrow, following the purported release of 1 billion XRP from escrow just the day before.

The move has drawn widespread interest as the value of XRP rose to over $0.62. This development comes amidst a flurry of activities in the cryptocurrency market, marking a notable event in Ripple’s strategy regarding its cryptocurrency holdings.

Blockchain tracking service Whale Alert reported that Ripple executed three separate transactions, effectively placing 800 million XRP into escrow. These transactions included the transfer of 200 million coins valued at approximately $118.94 million, 100 million coins worth around $59.48 million, and a further 500 million coins, equating to about $297.65 million. This strategic move by#