๐ Why Did Ripple Just Lock 700M XRP Worth $2B?
Ripple has locked 700 million XRP (~$2B) into escrow in three separate transactions: 100M, 500M, and another 100M. While Ripple usually unlocks 1B XRP monthly and re-locks most of it, this move signals a strategic shift.
๐ Key Details:
Transfers flagged by @whale_alert
New pattern observed (activity shifted to Aug 2)
Follows incoming 200M & 300M XRP from unknown wallets
๐ฐ XRP Price Action:
Slipped after Fed paused rate cuts
Dropped 10% from $3.32 to ~$2.98
๐ Bigger Picture: Ripple is gearing up to tokenize global finance:
Acquired a broker-dealer clearing firm
XRP Ledger positioned as RealFi infrastructure
Upcoming Ripple Bank to run fully on XRP Ledger
๐ง CTO David Schwartz: Bank deals take time but real progress is happening behind the scenes.
๐ What It Means:
Rippleโs escrow move isnโt randomโitโs about tight supply control and building the foundation to move trillions in real-world assets on-chain. XRP isnโt just for fast payments anymoreโitโs aiming to power the next financial revolution.
#Ripple #XRP #CryptoNews #Tokenization #RealFi #WhaleAlert #DeFi