Ripple Starts February With a Bang, Sends 95,527,815 XRP Worth $28 Million in Potential Sale to Crypto Institutions

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Ripple’s over-the-counter distribution wallets continue to move large amounts of XRP in early February. The transfers appear to be Ripple selling portions of its XRP to institutional players – a practice Ripple has increasingly used to pay its bills and boost adoption of XRP. Over-the-counter trades are negotiated directly between two parties, without the use of an exchange. […]

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