1 billion XRP, unlockable from escrow on December 1
Original headlineXRP 10억개, 12월 1일 에스크로서 해제 가능
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Ripple’s final monthly escrow release of 2024 makes 1 billion XRP unlockable on December 1 at 09:00 KST, according to XRP Ledger data cited by XRP Insights and dated November 14. The tokens sit in four escrow entries controlled by Ripple, but unlock eligibility does not equal a completed release: a separate finishing transaction must move the assets to the destination account, so the unlock time and actual transfer should be treated separately. The event matters because it caps this year’s scheduled monthly releases and keeps attention on whether Ripple actually moves the tokens and how much reaches exchanges. Watch next for the completion transactions and any subsequent change in Ripple’s escrow balance.
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, XRP Insights
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