Ripple returns 700 million XRP to escrow after monthly release
Image: U.TodayRipple released 1 billion XRP from escrow on October 1 and returned 700 million XRP to escrow hours later. The returned tokens were split into two transactions of 400 million and 300 million XRP. Both moves follow Ripple's monthly escrow routine. XRP showed little price reaction to the transfers, and the escrow schedule is widely viewed as already priced in by the market.
Key points
- Ripple unlocked 1 billion XRP from escrow on October 1.
- Ripple returned 700 million XRP to escrow in two transactions of 400 million and 300 million.
- The relock came hours after the release and follows Ripple's monthly escrow routine.
- XRP showed little price reaction to the escrow moves.
Why it matters
Ripple's monthly escrow releases and relocks change XRP's circulating supply. The market treats the schedule as familiar, so the transfers drew limited price reaction.
What's unclear
The reports give different dollar values for the 700 million XRP returned to escrow, over $1.4 billion and more than $1.05 billion.
One report says XRP fell about 2.5% over the last day, while the other attributes a 4% daily gain to broader market moves.
Price context · XRP
At publication
$1.54
Now
$1.53
Change since
−0.65%
7 days · dashed line = publication
Sources · 2 publishers
Finbold
Tier 3
Ripple locks $1 billion worth of XRP into escrow
Coverage timeline
- First reported by U.Today
- Confirmed by Finbold
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
NEAR
−0.9%
