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Ripple locks 700 million XRP chips in the deposit

In accordance data On May 1, 700 million XRP chips locked the whale warning on May 1.

Prior to that, two separate transactions were announced, with the company sent to an unknown wallet of 200 million XRPs and 300 million XRPs.

Ripple routinely released a billion chips on his point. However, it tends to re-lock the newly unpublished XRP into new shingles.

Usually, the company keeps some of the liberated chips to finance its activities and provide liquidity for the solution to the order (ODL).

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As U.Today announced, Ripple did not disclose 1 billion XRP on the first day of March and April. This also applies this month: the 700 million XRP will return to the point of display without a traditional opening event.

These deposits were created from the XRP excess, which is on Ripple's accounts, which means that these signs are not subject to deposit.

The Ripple Q4 report showed that he still owned about 38 billion XRP chips in tingling. In addition, the company itself has nearly 4.5 billion XRPs. In general, the company still controls about half of the symbolic collection of circulating.

The company's block chain company will probably open a billion marks on May 3, following the pattern of this year.

The price of XRP remains foggy

As usual, the moves related to Ripple's ting -drawing cause little volatility. Token has remained flat in the last 24 hours. Namely, according to Coingecko, it will increase by only 0.6%over the last week. By comparison, Bitcoin has increased by 3% over the past week.

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