Research: Ripple has sold a total of $1.1 billion of XRP, 36% to exchanges - The Block
Ripple has in total sold $1.14 billion of XRP out of which 36% was sold to the exchanges and 64% was sold to the institutions, according to The Block’s research. Ripple sold $251.5 million in XPR in Q2 2019 which is alot. One might wonder what they are really doing with all that money and if it really worth it to dump on traders. Remember Ripple controls a huge % of the supply. Keep that in mind when you buy XRP....
Along with the fact they don't have a real use case :P
Source of shared Link
Hi, @bitmaster177!
You just got a 0.34% upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.