🚨🚨🚨Attention XRP investors: Ripple has unlocked millions of dollars!
#Ripple Labs, the US blockchain-based pay protocol, unlocked $ 500 million worth of XRP tokens from its own vault hours ago. This news, which appeared at the same time as the price of Ripple fell, ended up in cryptocurrency investments.
Whale Warning
@whale_alert
🔓 🔓 🔓 🔓 🔓 200,000,000 #XRP (122,636,247 USD) unlocked from escrow in unknown wallet
Blockchain follower Whale Alert announced the release of $ 500 million worth of XRP from cryptocurrencies in a post made from its X account. Ripple Labs has reached the amount in question with two different transactions of 200 and 300 million units. According to current market data, the total value of unlocked tokens is close to $ 300 million.
Why did they open the lock?
The question of why millions of tokens of the US pay protocol, which is still being sued by the SEC, were unlocked took up a wide space on social media. Experts determined that this transfer of the company was a planned move to preserve liquidity and facilitate transactions in other payments.
Ripple regularly releases 1 billion XRP tokens from corporate wallets.
