Ripple has released 200 million XRP from escrow, valued at approximately $273.5 million at the time of the unlock. The move is part of Ripple's long-standing monthly escrow mechanism, under which a fixed tranche is released and any unused portion is typically re-locked for a future period.
Large escrow releases are a routine feature of XRP's supply schedule, but the size — over a quarter-billion dollars — keeps them on traders' radars as a potential source of sell-side pressure. Whether Ripple deploys, sells, or re-escrows the tokens will be the detail to watch in the days ahead.
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🔓 🔓 🔓 🔓 🔓 🔓 🔓 🔓 🔓 🔓 200,000,000 $XRP (273,511,463 USD) unlocked at #Ripple
https://t.co/Kjk8H5wdPm
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