Ripple moves $38 million in XRP from September’s tokens unlock
Following this month’s activity related to September’s tokens unlock by Ripple, the company moved another 75 million XRP ($38 million ) on Monday, from which 58 million XRP went to known exchange addresses, probably to be sold on the crypto spot market. Notably, Ripple had already moved 100 million XRP from the 200 million tokens kept after the escrow’s finality. With the most recent activity, there are still 25 million left in the account address tagged as “Ripple 1”, by XRPScan . Following the track of the 75 million XRP Once again, Finbold tracked down these transactions on-chain trails, which followed a very similar pattern to the 100 million tokens moved one week earlier. Passing through the same accounts as before, suggesting they belong to the same owners. In this context, 75 million XRP were sent from “Ripple (1)” to the unknown address “rJqiM…La8nE” on September 18. One and a half hours later, the 75 million were forwarded to “rhWt2…E32hk”. Cryptocurrency...