Ripple has reserved an unprecedented 470 million XRP for sale, marking its largest monthly dump in seven years.
XRP's value plunged as Ripple moved billions of tokens and speculation about a potential SEC settlement intensified.
Ripple's ongoing XRP escrow releases, strategic sales, and new escrow introductions raise questions about XRP's long-term value for investors.
Ripple Labs unlocks 1 billion XRP tokens from escrow, continuing monthly token distribution amidst ongoing legal battle.
Ripple Labs returned 70% of a billion XRP to escrow, injecting 300 million XRP into the market.
Ripple unlocks 1 billion XRP from escrow as part of monthly distribution strategy, amid centralization concerns.
The acquisition is the largest public domain name sale this year and the second-largest public domain deal ever.
The move dumped the XRP price by more than 6% today.
