Ripples Returns 80% Of Unlocked XRP For August Back To Escrow | Headlines | News | CoinMarketCap

08/02/2023 21:08
Ripples Returns 80% Of Unlocked XRP For August Back To Escrow | Headlines | News | CoinMarketCap

Popular blockchain technology company, Ripple, has recently announced it was returning 800 million XRP tokens to its escrow wallet just after …

Popular blockchain technology company, Ripple, has recently announced it was returning 800 million XRP tokens to its escrow wallet just after unlocking 1 billion tokens for this month. News of the event was reported by the prominent blockchain analytics and tracking platform Whale Alert. 

Ripple’s Commitment To Preserve Its Ecosystem

In a series of tweets released earlier today, Whale Alert confirmed that the return comes after Ripple released 1 billion tokens for the month of August. According to the tracking and analytics company, 300 million XRP with a whooping value of $209 million were safely locked back in the Ripple Escrow wallet. 

Additionally, the Whale Alert also revealed that a further 500 million XRP tokens have also been locked back into escrow. The 500 million …

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