Ripple Unlocks 1 Billion XRP from Escrow Twice in November
Original headline리플, 11월 XRP 10억개 에스크로서 두 차례 해제
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Ripple unlocked 1 billion XRP from escrow on November 1, executed via two escrow-finish transactions on the XRP Ledger at 9:00:02 a.m. KST, with 500 million XRP released in each transaction. The release is part of Ripple's routine monthly escrow schedule, and the company notes that unlocked tokens do not automatically translate into sales or exchange inflows. No new tokens were minted; the funds were existing XRP held in escrow, delivered to designated accounts only after the escrow-finish transactions were completed on-ledger. Escrow locks assets until predetermined conditions or dates, and on the XRP Ledger tokens move only when a separate escrow-finish transaction is executed at the unlock time. The release matters for supply-side monitoring, as the market typically watches whether unlocked XRP flows to exchanges or is re-locked. Traders will be tracking Ripple's subsequent wallet movements and whether the tokens are re-escrowed or distributed in the coming days.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
XRP (XRP), Ripple (XRP), XRP Ledger
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