
Ripple has unlocked 1 billion XRP tokens, valued at over $560 million, from an official Ripple address. The release occurred in three transactions, distributing 500 million, 200 million, and 300 million XRP tokens. This significant release led to a drop in XRP's market price. Subsequently, Ripple locked 400 million XRP, worth approximately $221 million, back into escrow. Additionally, 20,580,000 XRP, valued at 11,542,509 USD, was transferred from an unknown wallet to Bitstamp.
🚨 20,580,000 #XRP (11,542,509 USD) transferred from unknown wallet to #Bitstamp https://t.co/kqDvqJSa97
🔒 🔒 🔒 🔒 🔒 🔒 🔒 🔒 🔒 🔒 400,000,000 #XRP (221,294,428 USD) locked in escrow at #Ripple https://t.co/8PMg1bKobi
🔒 🔒 🔒 🔒 🔒 🔒 🔒 🔒 🔒 🔒 400,000,000 #XRP (221,419,022 USD) locked in escrow at #Ripple https://t.co/cu9Fz96XMb
