Ripple recently moved 1 billion XRP in its monthly rebalancing exercise, sending a large portion of the tokens to escrow with no May 2025 escrow release yet.
The transactions, which occurred across six Ripple addresses, were part of what has become the standard procedure of the company over the past few months. Notably, in recent times, Ripple has persistently re-locked tokens before the usual escrow unlocks.
Two Ripple Addresses Move 1B XRP to Four Different Wallets
For this month, the firm first moved 500 million XRP in the late hours of May 1 using its Ripple (26) address. Notably, Ripple (26) distributed the 500 million tokens across two recipient addresses. Specifically, it sent 300 million XRP to Ripple (1) at 22:54 and then moved 200 million XRP to Ripple (14) at 22:55.
Shortly after this initial series of transfers, the company used another address, Ripple (27), to shuffle an additional 500 million XRP. In particular, Ripple (27) transferred 300 million XRP to Ripple (14) at 22:56. Recall that Ripple (14) already received 200 million XRP tokens from Ripple (26) during the first batch of transactions.
Meanwhile, after the transfer to Ripple (14), the second sending address, Ripple (27), moved 30 million XRP to Ripple (15) at 22:57 and then sent an additional 170 million XRP to Ripple (51). This brought the tokens transferred by Ripple (27) to 500 million XRP.
Summarily, Ripple (26) and Ripple (27) moved a total of 1 billion XRP tokens. Of this figure, Ripple (1) received 300 million tokens, Ripple (14) received 500 million XRP in two transfers, Ripple (15) received only 30 million XRP, and Ripple (51) received 170 million XRP.
Ripple Locks 700M XRP in Escrow
The company then proceeded to lock up some of these tokens and hold the rest. Particularly, Ripple (14), which received 500 million XRP, locked up all the tokens in escrow at 23:01. A minute later, Ripple (15), which received only 30 million XRP, sent all 30 million tokens to escrow.
Meanwhile, Ripple (51), which amassed 170 million XRP, also moved its entire balance to escrow at 23:04. Notably, this brought total assets locked in escrow to 700 million XRP tokens, out of the 1 billion moved. The address Ripple (1), which received 300 million XRP in the first batch of transfers, has held onto these tokens at press time.
The recent transactions come up when XRP is still battling the bears at the $2.2 price level despite a broader market recovery that has seen Bitcoin (BTC) recover $97,000. At press time, XRP changes hands at $2.21, down 0.08% over the past 24 hours. During this press, the 1 billion XRP is worth $2.21 billion, while the 700 million tokens are valued at $1.547 billion.
Interestingly, amid these transactions, the firm has not observed the release of any tokens from escrow for the month of May 2025. Notably, Ripple witnessed a similar pattern last month April, moving 1 billion tokens and then locking 700 million on the first of the month. Two days later, the firm observed the escrow release of 1 billion XRP.
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