The Whale Alert service that tracks large crypto transactions, including those with Ripple-affiliated XRP, has tweeted that around six hours ago, the Ripple DLT tech provider unlocked a jaw-dropping billion XRP from escrow.
Meanwhile, the sixth-ranked XRP coin has managed to remain above the crucial $1 level after falling from $1.05 earlier today.
Fintech provider Ripple has released another billion XRP tokens as the first day of a new month arrived.
This is the equivalent of $1.05 billion in fiat. This massive amount of crypto was released in two transactions.
