Loading prices…
〽️NEUTRAL

Ripple locks 100M XRP in escrow

Ripple has moved 100 million XRP — valued at approximately $129.6 million at current prices — into escrow, in line with…

Ripple has moved 100 million XRP — valued at approximately $129.6 million at current prices — into escrow, in line with the company's long-standing practice of locking portions of its XRP holdings on a rolling monthly schedule.

Ripple introduced its escrow mechanism in 2017 as a transparency measure, committing to lock the majority of its XRP supply in time-released contracts to prevent large, unannounced token releases from flooding the market. Each month, a tranche is unlocked and any unused portion is re-locked into new escrow contracts extending the schedule further out.

This transaction does not represent new supply entering circulation. It is a routine administrative move that keeps Ripple's supply management visible on-chain. Observers tracking XRP liquidity conditions should note the distinction between escrow locks — which reduce near-term circulating supply pressure — and escrow unlocks, which represent the actual release of tokens that could enter the market.

Related tokens
$XRP
Source attribution
Aggregated from Whale Alert · Verified · Last refreshed 2h ago
Open original →