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Business News of Thursday, 1 April 2021

Source: Naira Metrics

1 billion worth of XRP worth $576 million released to public

The seventh most valuable crypto asset by market value was recently unlocked from an escrow account.

Whale Alert, an advanced crypto tracker, monitored these large crypto movements, which occurred in two different 500 million XRP transactions worth $576 million in real-time some hours ago.

In simple terms, the implication of this is more liquidity in the Ripple network, as more investors will now have access to those XRP.

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