Breaking news!!! Ripple sold 150 million XRP from its escrow this month, worth about $78 million, accounting for 0.25% of XRP's market value of $29.25 billion (each token $0.52), putting pressure on the XRP price. On June 1, Ripple released 1 billion XRP from its original allocation, which will be escrowed monthly until 2027. The company transferred 200 million XRP to its treasury account and locked the remaining 800 million in a new escrow contract. Meanwhile, the "Ripple (35)" account transferred an additional 200 million XRP to the selling reserve account, totaling 400 million XRP stored in the pending reserve. These selling activities are usually sent from the "Ripple (1)" treasury account to the unmarked account "rP4X2hTa," causing market supply pressure. These newly circulating tokens typically end up in cryptocurrency exchanges via intermediate addresses such as "rhWt2bhR". #BTC #ContentStar #比特币 #BOME #HotTopicDiscussion #GateioInto11

XRP0.64%
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Can XRP be shorted now?
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Crypto_UncleDavip
· 2024-06-07 17:23
Always selling, speechless, what is supporting the value of XRP.
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DoNotTouchBOMEvip
· 2024-06-07 14:37
Dogs don't even play.
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