🚨🚨 #Ripple 🚨#whalealert 🚨$XRP
Here are the details with some new information as of May 2, 2025:🔒 Ripple has just locked 170,000,000 XRP, equivalent to a value of up to $376,274,990! They are sticking to their escrow plan to keep the XRP supply controlled.📊 Currently, XRP is priced at $2.22 per token (as of May 1, 2025). It has increased by 3.19% in the last 24 hours, although there was a slight decrease of 0.47% in the past hour—still looking solid!💰 This 170 million XRP only accounts for about 0.29% of the total 58.44 billion XRP currently in circulation (out of a total of 100 billion). So, it doesn't change the situation too much, but it's still a large number to see locked up.🔄 Ripple has been doing this escrow since 2017, starting with 55 billion XRP. Now they only have about 38 billion in escrow left. They usually release 1 billion XRP each month and lock up some—like this 170 million—to keep the price from being overly volatile.📈 XRP has had a small price increase, rising 2.16% in the past week! Many are very excited about the approval of ProShares' ETF for three XRP products—this makes investors feel good.🚀 Looking ahead, XRP has just come out of a downward trend in 2025, and people are watching the resistance level of $2.38. Additionally, with RippleNet’s On-Demand Liquidity (ODL) being used more for cross-border payments, XRP could see even more action.⚖️ Oh, and Ripple's escrow moves are also aimed at playing fair—they are trying to avoid any market manipulation, especially since they have reduced their holdings of XRP over the years.