XRP
Ripple Returns 700 Million XRP Worth Over $1 Billion to Escrow Following Monthly Unlock
Ripple has re-locked 700 million XRP tokens into escrow shortly after completing its standard monthly unlock of one billion tokens on October 1.
Ripple has returned 700 million XRP, valued at over $1.05 billion, back into escrow following its scheduled release of 1 billion tokens on October 1. According to XRPSCAN data, the returned tokens were divided across two separate transactions of 400 million XRP and 300 million XRP.
The transfers align with Ripple's established monthly operational routine, where a portion of newly unlocked tokens is re-locked within hours. Following the latest activity, XRP's circulating supply stands at roughly 68.42 billion tokens, with 31.54 billion XRP—representing 31.6% of total supply—remaining locked in escrow.
Ripple remains the largest holder of the asset, controlling 39.77% of the total supply, compared to exchange balances of 2.74% on Binance and 5.83% on Coinbase. XRP rose 4% during the period, moving alongside broader market trends including a 3% gain in Bitcoin.
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