A Ripple-affiliated account recently participated in the transfer of more than 50 million XRP to digital currency exchanges, indicating a substantial sale. On May 1st, Ripple, the entity responsible for XRP, released 1 billion XRP from its original distribution balance, which were subsequently secured in escrow wallets until 2027. Out of this, 200 million XRP were transferred to Ripple’s treasury account, while the remaining 800 million were locked away in escrow wallets. Stay updated on the latest financial and business news by visiting COINTURK FINANCE.
