Bat Nirvana
:
XRP to release 1 billion tokens today from escrow .. they do this every month, and usually claw back 800k tokens , leaving 200k on the market . Might bring price down , and if it does , pick up more
For context, Ripple made a decision in 2017 to lock 55 billion XRP in several XRPL-based escrow accounts. The 55 billion XRP represents 55% of the coin’s 100 billion supply. This move is part of efforts to control the XRP supply and maintain a stable price. While Ripple programmed the escrow to release 1 billion XRP on the first day of each new month, the company still re-locks 80% of the released funds in escrow.
Bat Nirvana
:
More news : big Whales just released 5 Billion tokens !!!Total released today is 6 billion tokens !! Dilution of price is imminent! By how much ? Your guess is as good as mine ! Price crash is this 6 billion tokens are not absorbed ! See article :
Bat Nirvana
:
Guys : just saw this on Binance news: Please confirm authenticity .. lots of fake news , but this is huge.. 5 Billion XRP Tokens Unlocked From Unknown Wallets, Valued Over $970 Million
Binance News 2h ・ Verified Binance official account According to Odaily, Whale Alert has reported that a significant transaction involving XRP tokens occurred recently. At 8:08:11 AM UTC+8, a total of 5 billion XRP tokens were unlocked from unknown wallets. This transaction was executed in two separate transfers, with the total value of the tokens exceeding $970 million.
The unlocking of such a large amount of XRP has drawn attention within the cryptocurrency
102131911
:
Hold onto your XRP man! Unlock does not means the whale is going to sell but only make it looks like they are going to sell. It could be a ploy to trick weak hands to sell their XRP and the whale can pick it up at a lower price level. Get it?
103548689 : dont know to see.. but confirm uptrend continue later
Bat Nirvana : XRP to release 1 billion tokens today from escrow .. they do this every month, and usually claw back 800k tokens , leaving 200k on the market . Might bring price down , and if it does , pick up more
Bat Nirvana : Ripple XRP Escrow
For context, Ripple made a decision in 2017 to lock 55 billion XRP in several XRPL-based escrow accounts. The 55 billion XRP represents 55% of the coin’s 100 billion supply. This move is part of efforts to control the XRP supply and maintain a stable price. While Ripple programmed the escrow to release 1 billion XRP on the first day of each new month, the company still re-locks 80% of the released funds in escrow.
jr2004237 Bat Nirvana :
103652602 OP : new York midnight? think 1 hour later need observe
Bat Nirvana : More news : big Whales just released 5 Billion tokens !!!Total released today is 6 billion tokens !! Dilution of price is imminent! By how much ? Your guess is as good as mine ! Price crash is this 6 billion tokens are not absorbed ! See article :
Bat Nirvana : Guys : just saw this on Binance news:
Please confirm authenticity .. lots of fake news , but this is huge..
5 Billion XRP Tokens Unlocked From Unknown Wallets, Valued Over $970 Million
Binance News
2h
・
Verified Binance official account
According to Odaily, Whale Alert has reported that a significant transaction involving XRP tokens occurred recently. At 8:08:11 AM UTC+8, a total of 5 billion XRP tokens were unlocked from unknown wallets. This transaction was executed in two separate transfers, with the total value of the tokens exceeding $970 million.
The unlocking of such a large amount of XRP has drawn attention within the cryptocurrency
Pocketaces42 : No LOOKING AT THE BUY????
Pocketaces42 : slick
102131911 : Hold onto your XRP man!
Unlock does not means the whale is going to sell but only make it looks like they are going to sell. It could be a ploy to trick weak hands to sell their XRP and the whale can pick it up at a lower price level. Get it?