Ripple unlocks 1B XRP as escrow falls to 31.28B
Ripple unlocked 1 billion XRP on Sept. 1 through three transactions involving 500 million, 400 million and 100 million tokens. Blockchain monitoring account Whale Alert reported the transfers from Ripple-controlled escrow accounts. The release formed part of Ripples programmed monthly XRP escrow schedule. It did not show that the company sold the tokens or transferred the entire amount to exchanges. The XRP became available to Ripple after the underlying time locks expired. Ripples XRP unlock leaves 31.28B in escrow Approximately 31.28 billion XRP remained inside active on-ledger escrow objects after the September release, according to an independent tracker that queries validated XRP Ledger data. The figure represented about 31.28% of XRPs original 100 billion supply. The tracker recorded approximately 32.28 billion XRP in escrow before the three September transactions. Completing escrow objects containing a combined 1 billion XRP reduced that balance to 31.28 billion. This figure should still be attributed to the tracker rather than presented as a new company disclosure. Ripple had not published an updated official escrow balance at the time of reporting. Different data services can also show temporary discrepancies when they rely on cached figures instead of active ledger objects. The remaining balance does not represent Ripples entire XRP position. Ripple also controls









