was thawed on Ripple escrow account
California-based Fintech startup Ripple has released 1 billion XRP coins worth $ 308.89 million from escrow accounts.
? ? ? ? ? ? ? ? ? ? ? 1,000,000,000 #XRP (308,891,433 USD) unlocked from escrow at Ripple Escrow wallet
Tx: https://t.co/hmWS9TFloQ
– Whale Alert (@whale_alert) May 1, 2019
Thawed XRPs are likely to be used for various changes in the Ripple ecosystem, as well as for direct sales.
Recall that earlier in April, Ripple published a financial report on the results of the first quarter of 2019, according to which sales of XRP tokens increased by 31% compared with the previous quarter – the company sold tokens for $ 169.42 million.
In addition, the old escrow account in the first quarter left 3 billion XRP, and the new received 2.3 billion XRP.
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