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Ripple is XRP’s largest holder and core entity in its development, directly linked to the token’s creation and initial distribution. On March 1, Saturday, Ripple will unlock 1 billion XRP that has not yet been put in circulation, impacting markets. Precisely, the unlock has a nominal value of $2.03 billion at current prices and could create significant selling pressure. However, activity from previous months hints that the company may only sell a fraction of the 1 billion XRP. When XRP was launched in 2012, Ripple kept 80 billion of the supply out of circulation to itself, gradually selling some units, distributing it to the market. In 2017, the company implemented an escrow system to lock the still undistributed 55 billion XRP, with programmed monthly unlocks. Picks for you Vanar Chain partners up with Worldpay to promote Web3 payment inn...