CandleFocus 500,000,000 XRP Lands in Ripple Account: What's Endgame?
2025-03-02
Author: Content Editor
Ripple, the company behind the XRP cryptocurrency, did not unlock its usual 1 billion XRP at the beginning of March. Instead, 500 million XRP worth $1.09 billion arrived from an unknown wallet and were locked back into escrow. This has raised questions and speculation within the XRP community about why this change occurred. If the 1 billion XRP is unlocked later, it could have an impact on market liquidity. The price of XRP initially increased but later dipped as the situation unfolded. Traders are paying attention to Ripple to see what will happen next and if there will be a shift in how the company manages its holdings.
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