Ripple Unlocks Half Billion Tokens From Escrow as XRP Price Up 26% YTD

Cointelegraph

Published Feb 01, 2020 07:55AM ET

Updated Feb 01, 2020 09:42AM ET

Ripple Unlocks Half Billion Tokens From Escrow as XRP Price Up 26% YTD

XRP price growth remains lackluster as February begins, despite blockchain payment network Ripple releasing 500 million tokens from its escrow.

Data from the XRP blockchain noted by monitoring resource Whale Alert on Feb. 1 confirmed a single transaction of 500,000,000 tokens worth $119.5 million left Ripple’s escrow the same day.

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