Close to Billion XRP Moved by Unknown Wallets and Ripple as Investors' Interest to XRP Remains High

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Close to Billion XRP Moved by Unknown Wallets and Ripple as Investors' Interest to XRP Remains High
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Close to 1 billion XRP moved by anonymous wallets, Ripple fintech giant has also sold almost 80 million XRP

made a scheduled monthly programmed release of XRP, unlocking 1 billion of these coins from escrow in four large transactions.

Around 13 hours ago, the blockchain behemoth transferred 800,000,000 XRP back, locking them in escrow until the next release in October.In August, Ripple had a major win in court against the SEC when the court judge ruled that the company's XRP sales on the secondary market did not qualify as security sales, but Ripple's sales of XRP to financial institutions did. After that, several large exchanges relisted XRP, pushing its price up.

After that, the securities regulator filed an appeal to the court again. Yesterday, Ripple submitted an opposition to the SEC's appeal request.

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