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Ripple has sold 5.000.000.000 XRP

2020.06.12

At the beginning of each new month, Ripple releases one billion XRP for sale to investors. Any unsold XRP will then be returned to the escrow account. Thus, Ripple has sold nearly 5.4 billion XRP to investors to date, leaving 49.6 billion XRP in escrow. On average, Ripple sold 200 million XRP per month to large investors and over-the-counter.The regular sales have been strongly criticized by the community in the past, as they are suspected to increase the selling pressure on XRP and thus force investors to sell XRP. The last published quarterly report shows that Ripple’s income from XRP sales in the fourth quarter of last year, with revenues of $13 million compared to $66 million in the third quarter, has fallen by more than 80%. In addition, XRP’s programmatic sales have been completely discontinued.

作者 : Collin Brown