🚨 Ripple made waves today with a significant transaction: Whale Alert reported the release of 400 million XRP tokens, valued at $217 million.
🌊 This unexpected move has the community buzzing, especially given its timing and the mysterious memo attached.
Typically, Ripple releases 1 billion $XRP tokens monthly, but February saw only half that amount locked in escrow.
🔄 This departure from the norm has sparked speculation among community members, though it hasn't significantly impacted XRP's price, which sits at $0.5443, down a marginal 0.03%.
💼 Despite the intrigue, XRP remains the sixth-largest crypto with a market cap of $29.7 billion.