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According to whale Alert the transaction was done in two batches with 500 million XRP at a time .
Currently the XRP is the third most powerful Crypto currency at the moment with a market capitalization of $14.3 billion.
The release of 1 billion XRP from escrow account is which is equivalent of $269 million was to allow make Ripple more available to investors.
How do you see this affecting the price of ripple?
Many are quite confused about xrp. Some expect it will revolutionize banking. But it is not happening now. The price is also not moving up. I was thinking of investing some money on it but still not decided.