Ripple company announces the first day of every month XRP It remains to unlock 1 billion tokens from Ledger’s escrow wallets. The company will unlock $620 million worth of tokens in three transactions of 100 million, 400 million and 500 million on the first day of the new year.
As we reported as Koinfinans.com, the total value of the tokens to be unlocked corresponds to 1.84% of the current supply. There are 45.87 billion tokens in Ripple’s addresses. These tokens will be unlocked by May 2027.
There are a total of 2 billion XRP tokens in the two escrow wallets in question to be opened by March.
1 billion XRP tokens were made available on December 1, as expected. Ripple company announces the first day of every month XRP It remains to unlock 1 billion tokens from Ledger’s escrow wallets. , immediately re-locked 800 million (80%) of the total in escrow to be completed by April and May 2027.
Notably, despite only holding 200 million XRP, the company spent 310 million tokens from its main address ‘Ripple 1’ in December. Sales occurred weekly in four transactions, all sent to the same address, ‘rP4X2…Kxv3’:
Ripple sent 200 million XRP to its reserves on December 1. Additionally, the payment protocol processed two transactions of 60 million tokens each on December 6 and 12, and a payment of 120 million tokens on December 20. Finally, a transaction worth 70 million was carried out on December 27.
Ripple created XRP in 2012, with a total supply of 100 billion XRP. The company then distributed 20 billion XRP to the creators and core team. The remaining 80 billion tokens are controlled by the company and continue to be released gradually.