Ripple Transfers 2 Milliarden US -Dollar, Wale Dump 700 Millionen XRP
Ripple Transfers 2 Milliarden US -Dollar, Wale Dump 700 Millionen XRP
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tldr; Ripple transferred 700 million XRP, worth over $2 billion, in three escrow transactions on August 2 as part of its monthly process to manage XRP supply. Whale Alert reported additional transfers of 200 million and 300 million XRP to Ripple, suggesting internal repositioning. Ripple re-locked 700 million XRP into escrow, retaining 300 million for potential use. XRP has shown bearish trends, dropping below the $3 support level due to significant whale outflows, with over 710 million XRP sold in the last day.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
meanwhile whales sold over 710 million XRP in 24 hours- dumping just when support zone cracked below $3
And here im happy selling 300k xrp. Held it for about 8yrs, finally back to around ATH.