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XRP Drops 4% as Ripple Releases $1.6 Billion from Escrow Account

Ripple Labs unlocked 1 billion XRP (just shy of $1.6 billion) from its escrow wallet today, according to Whale Alert, a service that tracks the movement of large amounts of cryptocurrencies.
XRP’s price is also currently down 4.21% from yesterday, now t shares this Content with License.

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