Ripple Unlocks 1B XRP Through September Escrow Transactions
Ripple released one billion XRP on September 1 through three escrow transactions involving 500 million, 400 million, and 100 million tokens. This move is part of Ripple's programmed monthly XRP escrow schedule.
The tokens became available to Ripple after the underlying time locks expired. The release was not a market sale, as it does not automatically send the tokens to an exchange or buyer.
Approximately 31.28 billion XRP remained locked in escrow afterward, representing about 31.28% of XRP's original 100 billion supply. This balance is attributed to an independent tracker that queries validated XRP Ledger data.