$1.5 billion worth of XRP unlocked, and 70% got locked back up. The community: “That scared the hell out of me.” Ripple: “Just kidding.”
On 10/01, 1 billion XRP unlocked, and Whale Alert lit up four times. Then 700–800 million were locked back in escrow that same day. With 3.18 billion XRP still in escrow, the community breathed a sigh of relief.
CSD BR just started using XRPL for its accounting, and Brazilian funds are beginning to go on-chain. Ripple certainly has plenty to keep busy with.
Current price: 1.4964. If it can’t hold above 1.50, forget about 1.60. The unlock traps retail; locking it back up is what smart money does.
$XRP
On 10/01, 1 billion XRP unlocked, and Whale Alert lit up four times. Then 700–800 million were locked back in escrow that same day. With 3.18 billion XRP still in escrow, the community breathed a sigh of relief.
CSD BR just started using XRPL for its accounting, and Brazilian funds are beginning to go on-chain. Ripple certainly has plenty to keep busy with.
Current price: 1.4964. If it can’t hold above 1.50, forget about 1.60. The unlock traps retail; locking it back up is what smart money does.
$XRP
