200,000,000 XRP Released from Unknown Wallet Out of Escrow

IconCryptoNewsTerminal Staff01 Aug, 2024

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200,000,000 XRP Released from Unknown Wallet Out of Escrow

200,000,000 XRP were released from an unknown wallet out of escrow, according to Whale Alert. The transaction was made on February 15, 2023, and the XRP was sent to an unknown destination. The source of the XRP is also unknown. This is a large amount of XRP to be released from escrow, and it could have a significant impact on the price of XRP. It is important to note that this is just one transaction, and it is not clear if there are any other large XRP transactions planned. The release of this XRP from escrow could be a sign that the owner of the XRP is confident in the future of the cryptocurrency. It could also be a sign that the owner is looking to sell their XRP. Only time will tell what the impact of this XRP release will be. However, it is certainly something to keep an eye on.

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