Ripplelabs has sold 120 million tokens in 5 days
RippleLabs has reserved 200 million of its XRP token ($100 million) for itself after opening 1 billion tokens in February. Now, according to onchain data, on February 5, RippleLabs sold more than half of its supply for the month for the first time.
Notably, this selloff followed a similar pattern to moves seen in the past. However, the sale started with a transaction worth $60 million, which was the highest sale in months.
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