A post by @whale_alert on X.
100,000,000 $XRP (124,852,903 USD) locked in escrow at #Ripple
@whale_alert on X
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Ripple locked 100,000,000 XRP, valued at approximately $124.85 million, into escrow, as flagged by on-chain tracker Whale Alert. The transaction, executed on the XRP Ledger, is part of Ripple's established escrow program, which periodically locks up and unlocks large tranches of the token to manage circulating supply. Escrow locks reduce the immediately sellable supply of XRP held by Ripple, a factor traders monitor closely given the company's historical role as a major holder and periodic seller of the token. The lockup implies an implied price of roughly $0.49 per XRP at the time of the transaction. Market watchers will monitor Ripple's future escrow cycles, including when locked tokens return to circulating supply, as well as any related commentary from the company on its token management strategy.
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