The post Ripple’s Monthly Sell of XRP Increase By 3X, Sparking Doubts and Concerns in the Community appeared first on Coinpedia Fintech News
Mr. Huber’s recent tweet sheds light on Ripple’s net sales in December, which were almost 238 million, which is worth $142 million. Well, what makes this noteworthy is that it surpasses the company’s average monthly sales by more than three times. However, this has raised speculation and prompted discussions about Ripple’s potential future actions in the market.
Ripple Sell of XRP Increase By 3X
In a recent disclosure, Ripple provided a comprehensive report detailing the distribution of XRP since Dec 4, 2023. The report brings attention to Ripple’s notable performance in December, where the company’s net sales of XRP soared to an impressive nearly 238 million.
For the month, XRP sales reached $142 million, a figure three times greater than the average monthly sales for the cryptocurrency. Meanwhile, Mr. Huber suggests that this sur
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