Ripple Sells Millions of XRP Tokens; But Did They Clock a Loss?

2024-05-04 22:30 71

The post Ripple Sells Millions of XRP Tokens; But Did They Clock a Loss? appeared first on Coinpedia Fintech News

Ripple, the company behind the XRP cryptocurrency, has recently sold millions of XRP tokens from its holdings. This is a significant change in strategy, as Ripple had previously restricted its sales of XRP amidst ongoing legal issues.

XRP Transactions Raise Eyebrows

Blockchain tracker Whale­ Alert recently re­ported two significant transactions involving XRP. One transaction consisted of 29.7 million XRP, while the other involved a whopping 425.3 million XRP.

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