KayceeTy0O
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Ripple will unlock 1 billion of XRP on January 1st 2025. What to expect
On the first day of every month, Ripple unlocks 1 billion XRP tokens from an escrow system using the XRP Ledger.
On January 1 (Wednesday), the company will unlock over $2 billion worth
of tokens in three transactions of 200 million, 300 million, and 500
million XRP.
Interestingly, January 2025’s unlock accounts for
1.74% of the current 57.25 billion circulating supply. Moreover, accrues
for 2.63% of the remaining 38 billion XRP tokens locked in escrows
under Ripple’s control.
Three escrows will reach finality in the last minutes of December 31, held by two known wallet addresses Ripple owns. In particular, ‘Ripple (24)’ will unlock 200 and 300 million XRP, previously locked in December 2020 and January 2021.
$XRP
Second, ‘Ripple (25)’
will unlock 500 million tokens, previously locked in January 2021.
These will be the last unlocks from ‘Ripple (24) and (25)’, but there
are more escrows in other Ripple-controlled addresses.
On January 1 (Wednesday), the company will unlock over $2 billion worth
of tokens in three transactions of 200 million, 300 million, and 500
million XRP.
Interestingly, January 2025’s unlock accounts for
1.74% of the current 57.25 billion circulating supply. Moreover, accrues
for 2.63% of the remaining 38 billion XRP tokens locked in escrows
under Ripple’s control.
Three escrows will reach finality in the last minutes of December 31, held by two known wallet addresses Ripple owns. In particular, ‘Ripple (24)’ will unlock 200 and 300 million XRP, previously locked in December 2020 and January 2021.
$XRP
Second, ‘Ripple (25)’
will unlock 500 million tokens, previously locked in January 2021.
These will be the last unlocks from ‘Ripple (24) and (25)’, but there
are more escrows in other Ripple-controlled addresses.
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