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Research: Ripple has sold $890 million of XRP, 34% to exchanges

Larry Cermak

According to The Block's research, Ripple has cumulatively sold $890 million of XRP out of which 34.4% was sold to the exchanges and 65.6% was sold to the institutions.

Ripple sold $169.42 million in XPR in the Q1 2019, which is the highest quarterly sum that Ripple has ever sold. The second highest amount of XRP was sold by Ripple in Q1 2018.