Ripple Unlocks 1B XRP as Supply Pressure Returns

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Ripple released 1 billion XRP through its scheduled monthly escrow unlock on Wednesday. Whale Alert flagged three transactions of 200 million XRP, 300 million XRP, and 500 million XRP. XRP had fallen nearly 20% in June before recovering near $1.04, according to BeInCrypto data.
XRP2.44%
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