The Reason Behind Ripple Selling 240M XRP as Price Stumbles 17%

Ripple has begun selling XRP tokens for the month of March. The initial transaction occurred on March 5th when the companys wallet, designated as Ripple 1, transferred 100 million XRP tokens to an untagged address. Valued at $0.6305 per XRP in the market, this transaction amounted to $63 million. However, Ripples most recent sale, which took place on March 13th, surpassed this figure significantly. A Substantial XRP Sale Event On March 13th, Ripple transferred 140 million XRP, valued at over $94.5 million, to an external address. These transactions collectively...

source: https://tokenpost.com/The-Reason-Behind-Ripple-Selling-240M-XRP-as-Price-Stumbles-17-11429

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