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XRP Whale Movements Amidst 500M XRP Escrow Release Coin Edition 03 ago 2024

XRP Whale Movements Amidst 500M XRP Escrow Release 📈

A recent release of 500 million XRP tokens, worth about $281 million, from escrow has led to speculation about a potential sell-off in the crypto community. However, according to CoinMarketCap, XRP's price experienced a minor rise of nearly 2% in the past hour. This release caused mixed reactions, with some members anticipating a potential price dump. Nevertheless, the market has shown resilience, indicating that a major sell-off has not materialized. The crypto space continues to monitor whale movements, highlighting the sensitivity of XRP's market to significant token releases.

Fonte: coinedition.com ↗

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