Ripple has locked 400 million XRP (worth $869 million at the time) back into escrow, according to Whale Alert. This move follows the company’s routine monthly release, where it unlocked 500 million XRP (valued at $1.088 billion). The tokens were transferred to Ripple in two batches—300 million and 200 million XRP.
The 300 million XRP transfer is believed to be designated for on-demand liquidity (ODL) services, exchange-traded products (ETPs), and strategic partnerships. Another attempted escrow release of 300 million XRP was identified earlier today but appears to have failed, signaling that more updates could follow.
Ripple has historically unlocked 1 billion XRP monthly from escrow since 2017. However, this year marks a shift from that norm. Beginning in March, Ripple began executing internal transfers and creating new escrows from its existing XRP holdings, rather than releasing the full amount through traditional unlocks. This deviation has now become a recurring pattern.
The company previously unlocked tokens on June 4, continuing its evolving approach to escrow management. Ripple clarified in a recent market report that while 38 billion XRP are held in escrow, these tokens are managed by smart contracts, not directly controlled by the company. Ripple currently holds up to 5 billion XRP in its own reserves.
These developments come amid heightened activity and speculation in the XRP market, especially with increased focus on Ripple’s liquidity services and potential expansion into tokenized financial products. Investors and analysts are closely monitoring Ripple’s token movements, particularly as they relate to price action, strategic reserves, and broader market influence.
Stay updated as Ripple's evolving escrow behavior could significantly impact XRP’s circulating supply and long-term valuation.
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