MarketPR
One billion XRP cleared Ripple's escrow system on Sept. 1, with blockchain tracker Whale Alert logging the move across three separate transactions of 500 million, 400 million, and 100 million tokens.
$XRP trades near $1.40, roughly half the approximately $3.10 price it held on Jan. That inauguration-day entry, when Donald Trump was sworn in as the 47th U.S.
president, would have left a $1,000 investor holding 322.58 XRP worth approximately $451.61 today, a 54.84% decline on the original stake.
Supply hits an active order book The timing of the escrow release overlaps with a stretch of on-chain activity that reads better than the price.
Keep reading