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 <h2 id="ripple-unlocks-another-billion-xrp">Ripple Unlocks Another Billion XRP</h2> 
 <p>Whale Alert on September 1 reported one billion <a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a> unlocked from escrow in four transactions. First, 300 million <a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a> unlocks worth $153 million. A subsequent unlock of 100 million <a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a> worth $51 million. Moreover, the last two transactions with 200 million and 400 million <a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a> unlocked by Ripple, which is totally worth over $300 million. Thus, the <a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a> move is worth more than $500 million.</p>  
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 <p>Whale Alert also revealed that a whale transferred 19.92 million <a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a> worth more than $10 million to crypto exchange Binance. It happened after Ripple unlocked one billion <a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a>.</p> 
 <p>Typically, XRP unlocks follow a decline in price due to an increase in the supply of crypto. However, it’s important for Ripple to provide liquidity amid massive demand for XRP from businesses, partners, and exchanges.</p>  
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 <p>Meanwhile, the crypto community was expecting another message from Ripple as it prepares to celebrate its victory against the U.S. SEC. Ripple CEO Brad Garlinghouse confirmed a party in New York City on September 29.</p>  
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 <h2 id="why-a-rel-noopener-noreferrer-nofollow-title-xrp-href-https-thebittimes-com-tag-xrp-html-xrp-a-price-action-is-significant">Why <a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a> Price Action Is Significant?</h2> 
 <p>An <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> by CoinGape Markets predicts that an ascending triangle pattern formation on the four-hour chart signals a 12% breakout to $0.6. However, it needs liquidity before an upside push to $0.55 and then to $0.6. The one billion <a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a> unlocks will provide liquidity for a rebound again.</p> 
 <p><a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a> price fell 3% in the past 24 hours, with the price currently trading at $0.50. The 24-hour low and high are $0.504 and $0.528, respectively.</p> 
 <p><strong>Also Read: New Lawyer Enters Coinbase Vs US SEC Lawsuit</strong></p> 
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/ripple-unlocks-one-billion-xrp-why-is-it-significant-tbt61190.html">https://thebittimes.com/ripple-unlocks-one-billion-xrp-why-is-it-significant-tbt61190.html</a></p>

Ripple Unlocks One Billion XRP, Why Is It Significant?

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