XRP News: $1.49B Unlock Leaves Net Supply Unclear

Ripple is back in the news after releasing 1 billion XRP from escrow in four rapid transactions valued at $1.49 billion, with XRP testing the $1.50 level. The release is a substantial gross supply event. The transactions, identified in the primary evidence as occurring on October 1, comprised 400 million, 300 million, 200 million, and…