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Ripple Unlocks 1 Billion XRP From Escrow, Worth $1.49 Billion

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The post Ripple Unlocks 1 Billion XRP From Escrow, Worth $1.49 Billion appeared first on Coinpedia Fintech News

Ripple has unlocked a total of 1 billion XRP, worth roughly $1.49 billion, across four separate escrow transactions of 400M, 300M, 200M, and 100M XRP, all executed within minutes of each other. The move marks the start of Ripple’s monthly escrow cycle. XRP was trading at $1.50, up 0.27%, with market watchers flagging the unlock …

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