36,600,000,000 XRP Still Held in Ripple Escrow, Next XRP Unlock Coming
Main Idea
Ripple holds 36.6 billion XRP in escrow, with a potential 1 billion XRP unlock expected soon, while XRP's price has declined by 4.5% this week.
Key Points
1. Ripple currently holds 36.6 billion XRP in escrow, with a potential 1 billion XRP unlock expected in August.
2. XRP's price has declined by 4.5% this week, dropping from $3.08 to $2.94 per coin.
3. No XRP was unlocked at the start of August, which is unusual compared to previous months.
4. Ripple previously locked 700 million XRP at the beginning of the month, with no releases yet.
5. XRP's price movement mirrored Bitcoin's trajectory, initially rising before experiencing a pullback.
Description
One billion XRP still waiting to be unlocked by Ripple in August
$XRP
$2.9992
+1.73%
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