Recently, Ripple reported its XRP sales in Q2 / 2020, overall Ripple's XRP sales have increased compared to previous quarters.

Specifically, Ripple sold 32.5 million USD XRP in Q2 / 2020, this figure increased a lot compared to Q1 / 2020 at 2 million USD XRP.

In the past, Ripple has pledged to minimize its quarterly XRP sales, a policy that begins in the fourth quarter of 2019.

As can be seen in the chart below, Ripple's Q2 / 2020 XRP sales figures have increased significantly compared to the last two quarters of Q1 / 2020 and Q4 / 2019.

For Q4 / 2019, Ripple sold 13 million USD XRP over the OTC channel.

XRP figures

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Ripple reported an average daily volume of $ 196.28 million for Q2, down from $ 322.6 million in Q1.

Total figures for the second quarter also fell, down from $ 29.6 billion to $ 17.8 billion.

According to the report, Ripple bought XRP on the secondary market, but Ripple did not provide specific figures regarding these activities.

Ripple representative said:

"An orderly, healthy XRP market is necessary to minimize costs and risks for users, and Ripple plays an important, responsible role in the liquidity process"

“As more financial institutions take advantage of RippleNet's ODL service, more liquidity is added to the XRP market. That said, Ripple was already a buyer of XRP on the secondary market and could continue to buy in the future at market prices ”

Over the past few days, following the general trend of the market, XRP price has recorded many positive growth efforts, but not high, but also an encouragement for investors.