Whale Alert
Ripple has unlocked 500 million XRP — valued at approximately $666 million at current prices — in what appears to be a scheduled monthly escrow release. The move is consistent with Ripple's long-standing practice of releasing up to one billion XRP from escrow each month, with unused portions typically re-locked for future cycles.
For XRP holders and traders, the unlock represents a meaningful near-term supply overhang. While Ripple has historically re-escrowed the majority of each monthly release rather than selling into the market, the sheer size of the tranche keeps sell-side pressure as a live risk. Market participants will be watching on-chain flows closely to see how much of this release moves toward exchanges versus back into escrow.
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