Unlocked another 1 billion XRP this morning
Whale Alert just reported that Ripple released 500 million XRP from each of two escrow accounts—about 1 billion in total, with each transaction worth over $600 million. As usual, most of it will probably be locked back up, but people are already wash-trading to stir up sentiment. For now, I’m watching XRP’s relative strength against BTC and looking for any large deposits to exchanges.
Do you think this time it’ll actually hit the market, or go back into escrow?
$XRP $BTC
Whale Alert just reported that Ripple released 500 million XRP from each of two escrow accounts—about 1 billion in total, with each transaction worth over $600 million. As usual, most of it will probably be locked back up, but people are already wash-trading to stir up sentiment. For now, I’m watching XRP’s relative strength against BTC and looking for any large deposits to exchanges.
Do you think this time it’ll actually hit the market, or go back into escrow?
$XRP $BTC
