1,000,000,000 XRP Unlocked by Ripple As It Sets New Rules
By: bitcoin ethereum news|2025/05/03 16:30:01
0
Share
1 billion XRP unlocked by Ripple Ripple allegedly raises Circle acquisition bid to $20 billion, XRP army denies this rumor Prominent blockchain sleuth Whale Alert, which regularly monitors astounding cryptocurrency transfers and then reveals the details on its X account, has spotted three mammoth crypto transactions today, carrying one billion XRP cumulatively. One of them, according to Whale Alert, was definitely performed by the San Francisco-based crypto juggernaut Ripple. Contrary to its previous way of releasing one billion XRP every month, now Ripple does it in a brand new manner. You Might Also Like 1 billion XRP unlocked by Ripple The three transactions detected by the above-mentioned data source moved 200,000,000 XRP, 300,000,000 XRP, and 500,000,000 XRP from escrow to unknown wallets. The largest one, carrying half a billion XRP, was marked as initiated by Ripple. However, data shared by XRPscan shows that the other two XRP chunks were released from escrow by the same entity. As usual, the traditional monthly one-billion-XRP release was split into several transfers. The new thing here is that Ripple unleashes this staggering amount of XRP not on the 1st but on the 3rd day of a new month. Another new thing here is that Ripple now locks 700,000,000 XRP in escrow before releasing 1 billion XRP, not after, as it was before. As always, 700 million XRP is locked up on the first day of each new month, but now this money does not come from the freshly unlocked one-billion-XRP stash. By releasing a giant amount of XRP every month, Ripple supports XRP’s liquidity in the market by selling part of it on exchanges to use the proceeds for covering its regular operational expenses. Besides, the company injects XRP into its Ripple Payments network and provides its institutional partners with additional XRP. You Might Also Like Ripple allegedly raises Circle acquisition bid to $20 billion, XRP army denies this rumor Earlier this week, it was reported that Ripple offered to buy Circle, the issuer of the second-largest USD-pegged stablecoin, USDC, for $4 to $5 billion. However, the company rejected this offer, assuming that it undervalues the company. Those news reports were followed by rumors that in an attempt to reach its goal and acquire a major rival in the stablecoin market, Ripple increased its generous offer to $20 billion, still intending to buy Circle. However, the XRP army has found this rumor false and has been poking fun at the media that are spreading it, including CoinTelegraph. Source: https://u.today/1000000000-xrp-unlocked-by-ripple-as-it-sets-new-rules
You may also like

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.

The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.

The world belongs to Chinese people who speak English
The world is vast, and only playing half of it is truly a loss.

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth
Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot
This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply
The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer
It took Paradigm three years to emerge from the ruins of FTX.

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?
This is more like a manifesto, discussing "the very reason we are here."

$1.3 Billion Debt: BitDeer Faces Tough Battle
Wu Jihan is waiting for AI's money to catch up with the speed of debt.

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No
In the AI Era, what is the most valuable thing?

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund
Emerging from the ruins of FTX, Paradigm took three years

Ethereum Unveils Scaling Roadmap, What's Different This Time?
Short-term improvements to execution efficiency through the Gas mechanism optimization and block validation parallelization, and long-term scalability through ZK-EVM and blobs data architecture.

Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?
What Have Foreigners Been Most Interested in Over the Last 24 Hours?

Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx
Overview of Important Market Events on February 27

Bloomberg: A Romanian Presidential Election Intervened by Crypto Traders
The puzzle of the Romanian elections under digital manipulation.

Founders Fund, Pantera, and Franklin Templeton join Sentient's "Arena" to stress test enterprise-level AI agents
Sentient is gathering builders and supporters from around the world (including Founders Fund, Pantera, Franklin Templeton, alphaXiv, Fireworks, OpenRouter, etc.) to jointly address the reasoning capability gap in enterprise AI.

Why Retail Is Shifting From Crypto to Equities: Will They Return?
Retail traders are exiting the crypto market and gravitating towards equities. Bitcoin saw a notable reduction in spot…

Canton Crypto Network vs. XRP: Understanding DTCC’s Strategic Approach to Infrastructure and Liquidity
Key Takeaways Canton Network and XRP serve distinct roles in blockchain technology: Canton for asset tokenization and atomic…
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
The world belongs to Chinese people who speak English
The world is vast, and only playing half of it is truly a loss.
Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth
Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.
Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot
This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.
Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply
The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply