Ex-XRP Treasury Reveals Exit From $5 Million Stake in Ripple
AI summary
Fresh SEC filings show a former XRP treasury entity has exited its $5 million stake in Ripple through a private share buyback priced at $300 per share. The disclosure gives traders a rare look at insider-level selling and valuation mechanics around Ripple's private equity. A $5 million exit is small relative to Ripple's overall valuation, but it may weigh on sentiment by signaling reduced conviction from a prior treasury holder.
