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Ripple Locks 700M XRP in Escrow, XRP Price Dips 1.87%
- Ripple has locked 700 million XRP tokens in escrow, causing speculations about changes in supply.
- Ripple conducted several large XRP transactions, moving hundreds of millions of tokens worth billions.
- Ripple regularly returns a portion of its XRP tokens to escrow and might adjust its sales strategy.
- Ripple CEO hints at cutting back on XRP sales, potentially easing the pressure on the token's price.
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