After the Japanese crypto exchange, BitFlyer has added trading support for XRP; we could see some increase of interest around the token since this exchange is one of the few that has real . However, the release of one billion coins from Ripple escrow wallet, which has unclarified destiny on how Ripple will be sold or distributed the token and that could more than counter the good news listing, since this massive increase of supply might dump de price to even lower levels than the current ones.
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"In the third quarter, we significantly reduced our XRP sales, consistent with the messaging we shared in the Q2 report. For Q3 19, our total XRP sales were $66.24 million vs. $251.51 million in the previous quarter. Per the Q2 report, our stated goal for programmatic sales for Q3 was approximately 10 basis points of the new volume benchmark (CCTT), and we ended sales for the quarter below that, at 8.8 bps. In fact, part way through Q3, we decided to pause programmatic sales altogether, and focus our over-the-counter (OTC) sales on a few strategic partners, who are building XRP utility and liquidity in regions that are strategically important to our growing global business, including EMEA and Asia. Total sales including OTC and programmatic ended the quarter at 36 bps of CCTT."