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Ripple unlocks 400 million XRP — worth roughly $547M at current prices.

Ripple has released 400 million XRP from escrow, valued at approximately $547 million at the time of the unlock. The…

Ripple has released 400 million XRP from escrow, valued at approximately $547 million at the time of the unlock. The move follows Ripple's standard monthly escrow release schedule, under which tokens are unlocked and any unsold portion is typically re-locked into new escrow tranches.

Large escrow releases are a recurring feature of XRP's supply mechanics and don't automatically translate into sell pressure — Ripple has historically re-escrowed the majority of each tranche. Markets will be watching whether any material portion enters circulation in the near term.

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$XRP

Frequently asked questions

  1. What happens to the XRP that is not sold after the unlock?

    Any unsold portion of the unlocked XRP is typically re-locked into new escrow tranches as per Ripple's standard procedure.

  2. How does this escrow release impact the XRP market?

    Large escrow releases do not automatically create sell pressure, as Ripple has historically re-escrowed the majority of each tranche.

Source attribution
Aggregated from Whale Alert · Verified · Last refreshed 40d ago
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Whale Alert
Whale Alert @whale_alert · 40d ago
🔓 🔓 🔓 🔓 🔓 🔓 🔓 🔓 🔓 🔓 400,000,000 $XRP (547,022,927 USD) unlocked at #Ripple https://t.co/se2lZVrz0a
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