1 billion $XRP unlocked by Ripple on the first day of 2022. XRParmy XRPnews XRPcryptowolf XRP_Productions BankXRP XRPNews_ 1CrypticPoet XRP_Productions MackAttackXRP RippleXrpie bgarlinghouse WillyWonkaXRP
That is a regular procedure conducted on the first day of each month. For the past few years, these releases have been made in two transactions, each carrying 500 million coins.
These escrow releases are programmed and so have been made automatically since 2017. The plan was to gradually move 55 billion XRP from escrow, so these monthly transfers are likely to finish this year.then puts back 800 million or 900 million back in escrow, using the rest to cover its operational expenses, to send to its clients and other financial institutions, as well as support the coin’s liquidity by sending XRP to crypto exchanges.
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