Ripple’s XRP has seen significant activity, with 3 billion tokens worth $1.5 billion transferred in 24 hours, raising market stability concerns. Typically, Ripple releases 1 billion XRP from escrow monthly, but this month’s larger-than-usual movements have sparked speculation. These transfers, mostly internal, include 1 billion unlocked from Ripple's escrow. Despite a 1% price decline to $0.51, XRP remains stable. However, market experts fear additional selling pressure could hinder recovery, with reports suggesting a large XRP sell-off in June.
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