Whales Buy XRP As Escrow Unlock Rumors Encourage FUD
Last week, Ripple automatically released $3.28 billion in XRP tokens from escrow, sparking fears of a selloff. However, these fears were totally irrational, and whales took the opportunity to consolidate their holdings. None of the alleged reasons to fear for XRP’s long-term health were validated. The escrow function has worked for years, and it’s intended…
