Ripple’s recent transactions involving massive quantities of XRP have caught the attention of the cryptocurrency community. As June came to a close, Ripple’s offload of 400 million XRP, followed by a substantial 200 million XRP transfer, has fueled speculation and scrutiny.
The June XRP Offload
In June 2024, Ripple moved a staggering 400 million XRP from its escrow account.·
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