Ripple unlocks 1 billion XRP in back-to-back escrow deals, triggers speculation

The XRP Ledger recently recorded an atypical event as Ripple executed two back-to-back 500 million XRP escrow transactions, releasing a combined total of 1 billion XRP. The activity quickly drew the attention of market observers and traders, as it diverged from Ripple’s recognized monthly escrow release schedule. Crypto commentator Digital Asset Investor alerted followers to the transactions, noting that the pattern did not align with Ripple’s established routine. Traditionally, Ripple releases a set amount of XRP from escrow each month, sells a portion, and re-locks the remainder.

Source: CoinTurk News