The post XRP News: Ripple’s Massive XRP Sell-Offs, How They Impact the Token’s Price appeared first on Coinpedia Fintech News
Ripple, XRP’s largest holder, is responsible for monthly unlocks and sell-offs that impact the token’s price. So far, the company has sold 1.826 billion XRP from its Treasury account, labeled as ‘Ripple (1)‘ on XRPScan. At current prices, this amount is worth $1.07 billion, although the nominal value of each sale has varied year-to-date. Ripple’s …