Ripple Labs has revealed in their report that Ripple has been selling XRP on a lower rate than the market rate over fifty-seven percent (57.7%) to institutional investors. As the second quarter of 2019 ends, companies begin to announce their quarterly earnings as well as other important statistics. Ripple Labs, the company behind the development and management of XRP, announced that they sold nine hundred million (900M) XRP for around two hundred and fifty million dollars ($251M) in the second quarter of 2019 (Q2). A large part of the sales was conducted through programmatic sales, and in fact, they contributed
