Data: Ripple locked 770 million XRP in a custody wallet early in the morning
ChainCatcher news, according to Whale Alert monitoring, Ripple locked 770 million XRP in a custody wallet early in the morning, worth approximately 1.486 billion dollars.
Previously, Ripple stated that it would use a custody account system to provide transparency and certainty for the XRP market. The company locked a majority of its XRP holdings to ensure that it does not flood the market and manipulate prices.
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