In short.

  • Ripple released 1 billion XRP according to its monthly escrow release schedule.

  • About 31.28 billion XRP is still locked in escrow on Ripple’s general ledger account after releases.

  • XRP dropped by about 8.20% over the past week after nearly reaching USD 1.70 in August.

Read the original Ripple story: unlocking 1 billion XRP, but not in the way many people think—by Luis Blanco at th.beincrypto.com

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