✅ Ripple Unlocks 1B XRP from Escrow 🚨
On Aug 9, Ripple released 1,000,000,000 XRP (~$3.28B) in its monthly escrow unlock. Here's the breakdown:
🔹 500M XRP → Unknown wallet
🔹 400M + 100M XRP → Ripple-controlled addresses
💡 Since 2017, Ripple’s been unlocking XRP monthly to support liquidity while managing supply. Unused tokens usually go back into escrow.
🤔 This time, no word yet on why this split—or if any will be re-locked.
📉 Big unlocks like this can shake up price action depending on sell pressure. Eyes on the charts 👀