XRP Ripple releases $1 billion XRP from Escrow

Ripple’s native cryptocurrency, XRP has witnessed an increase in its trading volume along with other digital currencies. The third largest cryptocurrency by market cap was trading at a valuation of $0.43, at press time, exhibiting a rise of 3.42% over the last 24-hours.

In the latest notification posted by the ever-observant Twitter user called Whale Alert, a total of 1,000,000,000 XRP [equivalent to $435,891,000] was sent into the market from escrow at Ripple Escrow wallet. The timestamp of the transaction was Sat, 01 Jun 2019 00:00:10 UTC with the hash rDdXiA3M4mYTQ4cFpWkVXfc2UaAXCFWeCK

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