Ripple recently locked 800 million XRP tokens in escrow, signaling a potential bull rally. This large locking occurred across three transactions, as confirmed by Whale Alert, a blockchain transaction tracker.
By locking a significant portion of XRP, Ripple creates market stability, which often boosts investor confidence. As a result, many believe this move may lead to a price increase, potentially breaking above $0.65 and sparking a 12% rally.
