Ripple Unlocks 1 Billion XRP in One Move

Ripple released 1 billion XRP from escrow, valued at approximately $10.4 billion, across three batches. On-chain tracking platform Wale Alerts detected the transfer of 10 billion XRP from Ripple's escrow account, confirming the exact amount. This release follows a supply schedule initiated in 2017, where Ripple locked 55 billion XRP in an escrow account to mitigate sell pressure, with up to 1 billion XRP released monthly. While the release doesn't immediately flood the market, Ripple typically relocks 6-8 billion XRP into new escrow agreements, with only a portion used for operational costs and institutional sales. Market focus remains on subsequent re-escrow transactions, which typically occur within 24-48 hours and determine the actual supply increase for the month.