Ripple Unleashes $2.4 Billion in XRP: Market Speculates on Motives

A massive release of 1 billion XRP by Ripple within a single hour has ignited speculation across the cryptocurrency market. This unprecedented move, worth over $2.4 billion, involved three swift transactions totaling 500 million, 300 million and 200 million XRP respectively, executed almost consecutively. The rapid unlocks have raised eyebrows among traders who are attempting to decipher Ripple’s motives behind such a significant shift in XRP’s supply.