One Billion XRP Withdrawn by Ripple as 412 Million XRP Gets Moved by Exchanges

Ireland News News

One Billion XRP Withdrawn by Ripple as 412 Million XRP Gets Moved by Exchanges
Ireland Latest News,Ireland Headlines
  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

.Ripple has unlocked 1 billion $XRP as nearly 500 million XRP were moved by exchanges and anon wallets. XRPnews XRParmy

from escrow on the first day of a new month in order to add some of it to the circulating supply.

In the meantime, more than 410 million XRP coins have been shoveled by high-end digital exchanges and addresses that Whale Alert marked as"unknown."from escrow since the start of 2017 with the goal of unlocking 55 billion Ripple-affiliated coins. In the past couple of years, the company has been adding 200 million from a released amount to circulation and locking back in escrow 800 million, or sometimes 900 million.

The remaining XRP is sent to numerous Ripple customers—banks, custodial platforms and other financial institutions, as well as to exchanges in order to back the coin's liquidity.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Utoday_en /  🏆 295. in US

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New Jersey brewery feels Ukraine ripple effect from rising grain pricesNew Jersey brewery feels Ukraine ripple effect from rising grain pricesStruggling with the rising cost of grains, aluminum and fuel due to inflation exacerbated by Russia's invasion of Ukraine, New Jersey brewery Four City Brewing Company says it will have to raise prices in its taproom soon. The craft beer maker cans its product in Orange, New Jersey, in a labor-intensive operation, weighing the filled cans by hand as they are packed into boxes.
Read more »

Ripple Partner QNB Launches New Payment Solution in Partnership with RippleNetRipple Partner QNB Launches New Payment Solution in Partnership with RippleNetRipple partner QNB unveils new payment solution in collaboration with RippleNet RippleArmy XRPHolders XRPCommunity XRPArmy XRPCommunity XRP
Read more »

Ripple Reports 130% Yearly Basis Growth in Asia-Pacific Transactions Amid Emerging Use CasesRipple Reports 130% Yearly Basis Growth in Asia-Pacific Transactions Amid Emerging Use CasesRipple reports 130% year-on-year increase in Asia-Pacific transactions, alongside new use cases Ripplearmy XRPCommunity xrpthestandard XRPArmy
Read more »

Ripple Partner QNB Launches New Payment Solution in Partnership with RippleNetRipple Partner QNB Launches New Payment Solution in Partnership with RippleNetRipple partner QNB unveils new payment solution in collaboration with RippleNet RippleArmy XRPHolders XRPCommunity XRPArmy XRPCommunity XRP
Read more »

Over $600 million stolen from video game in second-largest crypto hackOver $600 million stolen from video game in second-largest crypto hackHackers managed to steal about $612 million worth of assets from a cryptocurrency exchange network for Axie Infinity, one of the most popular online video games.
Read more »



Render Time: 2025-04-06 21:50:11