Ripple sells $73.53 million in XRP amidst low volatility in Q2 2018
(https://www.shareicon.net/data/12x12/2015/12/02/680975_arrows_512x512.png) $73.53 million XRP sold
(https://www.shareicon.net/data/12x12/2015/12/02/680975_arrows_512x512.png) Ripple sales volume accounted for 0.125 percent of global XRP volume
(https://www.shareicon.net/data/12x12/2015/12/02/680975_arrows_512x512.png) Three billion XRP released out of cryptographic escrow, 2.7 billion XRP returned to escrow
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In Q2 2018, the company sold $56.66 million XRP programmatically. This represented 0.125 percent, or 12.5 basis points of the total XRP volume traded globally in the second quarter.
In addition, XRP II, LLC — a Ripple subsidiary that is a registered and licensed money service business (MSB) — sold $16.87 million XRP in direct sales. In total, the company sold $73.53 million in Q2.
XRP was notably less volatile in Q2 and XRP’s 9.0 percent price decline was in line with bitcoin’s 8.2 percent decline. Despite the tepid environment, the company’s XRP sales proved to be a drop in the bucket of an XRP market that traded $45.35 billion.
More here, https://ripple.com/insights/q2-2018-xrp-markets-report/