Ripple strikes again! According to Whale Alert monitoring, Ripple locked 770 million XRP in a custody wallet overnight, valued at approximately 1.486 billion dollars. 💰 This step is part of Ripple's effort to provide transparency and certainty to the XRP market through the custody account system. 🔍

Ripple stated that locking a majority of its XRP holdings is to ensure that there is no oversupply to the market, thus avoiding price manipulation. This initiative demonstrates the company's commitment to market stability, while also providing a degree of confidence for investors. 📈

In this volatile market, Ripple's strategy may bring a sense of reassurance to holders. 🌐