400 Million XRP Unlocked From Escrow, XRP Reacts Unexpectedly

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400 million XRP released from escrow amid market reboot trend

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While the 400 million XRP unlock did not cause significant market turmoil, industry watchers advise investors to keep monitoring Ripple's escrow activity and its potential impact on the broader cryptocurrency market. The ongoing legal battles Ripple faces with the U.S. Securities and Exchange Commission continues to trail the exchange. Ripple recently filed a crucial reply to theGodfrey Benjamin is an experienced crypto journalist whose main goal is to educate everyone around him about the prospects of Web 3.0. His love for crypto was birthed when, as a former banker, he discovered the obvious advantages of decentralized money over traditional payments.

Source: News Formal (newsformal.com)

 

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