The cryptocurrency community was abuzz with speculation on Thursday as Ripple, the 6th largest cryptocurrency by market capitalization, made headlines. Two significant whale transactions and the locking of 800 million XRP in escrow by Ripple captured the attention of crypto enthusiasts worldwide. According to data from the blockchain tracker Whale Alert, a staggering 867.6 million XRP was on the move, sparking intense interest. Of the total XRP transferred, 800 million tokens found their way into escrow at Ripple, a move aimed at securing and stabilizing the token’s supply. Meanwhile, 67.6 million XRP made their way to various cryptocurrency exchanges (CEXs),
The post Ripple Locks 800 Million XRP In Escrow Amid Surge In Whale Activity appeared first on The Merkle News.
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