Massive XRP Whales Shift 313 Million XRP in One Fell Swoop: Details

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Massive XRP Whales Shift 313 Million XRP in One Fell Swoop: Details
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Massive XRP whales shift 313 million XRP, another 40 million moved to wallet XRPHolders XRPArmy XRPCommunity RippleXRP $XRP

Regarding XRP movement, Ripple notes in its Q3 2022 report that three billion XRP were released out of escrow at one billion per month, following previous quarters and the official escrow agreement. Throughout the quarter, 2.1 billion XRP in total was returned and subsequently placed into new escrow contracts.Also, Ripple gives an important update on the amount of XRP held across Ripple's various wallets.

At the time of publication, XRP was changing hands at $0.46. In the ongoing Ripple lawsuit, the Blockchain Association has filed a request to file an amicus brief, supporting a correct interpretation of Howey in the SEC's two-year legal battle against Ripple.

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