In the last 12 hours, a significant amount of XRP was unlocked from Ripple's escrow in three separate transactions:
500,000,000 XRP (approximately $280 million USD)
Transaction hash: 057B38CC22BF507CCFA23A1E84BB95ED2D00520776251FA9C1FED9EB47A8B404
200,000,000 XRP (approximately $112 million USD)
Transaction hash: 4B887AA36163B54EE5B08667885F033D8DBF8471DBB6D468C1EC4362FD1BD313
300,000,000 XRP (approximately $168 million USD)
Transaction hash: 3CD8D7A90CBCC1FC9629D0AD61865F67262341D673A43623930D3B104765E004
Each of these transactions included an interesting memo: "Start'n W/ Mr.B volume check. Donald Trump THE crypto president & Official President of Digital Asset Investor Channel. Escrow release, memo, R Dcentralized from owner & destination so memo is not written by Ripple, but by an XRP holder. 'future dunks'. Question 4 David Schwartz, is Brad's following 589 considered a Bradism? Client: Bithomp tool v. 0.5.0"
This memo suggests that an XRP holder, rather than Ripple, added it. The references to Donald Trump as "THE crypto president" and other specific language hint at a connection to the XRP community's ongoing discussions and speculations, particularly regarding price targets like "589." The mention of David Schwartz and Brad Garlinghouse, key figures at Ripple, further ties the memo to popular topics within the XRP community.
This series of unlocks, along with the intriguing memos, may spark further speculation and discussions among XRP enthusiasts and analysts.
