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

Ripple • April 25, 2019, 7:40AM EDT
The Block

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.

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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. 

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Larry joined crypto research full time in early 2017 and has expertise in capital markets, market structure and early stage DeFi companies/protocols and token economics. He has a background in economics and finance.

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