Ripple Moves $1.1B on May 1
This is a news story, published by CoinGape, that relates primarily to Brad Garlinghouse’s news.
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XRP holdingsCoinGape
•Business
Business & Economics
XRP News: Ripple Moves $1.1 Billion XRP, What Is Going On?

66% Informative
Ripple moved 500 million XRP coins in two separate transactions on May 1 .
These coins formed part of the May escrow unlock of the firm's XRP holdings.
The company relocked 700 million coins out of the 1 billion XRP which were unlocked.
This development comes following reports that Brad Garlinghouse’s firm offered to purchase USDC stablecoin issuer Circle for $4 to $5 billion .
Analyst CasiTrades noted that May has begun with a critical back-test for the XRP price.
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