Ripple unlocks $1 billion XRP worth $2.5 billion; What next?

Blockchain firm Ripple has unlocked its scheduled XRP from escrow, a move likely to impact the token’s ￰0￱ to data from on-chain tracking platform Whale Alert , the company unlocked 1 billion XRP, valued at approximately $2.5 billion, as part of its long-standing monthly escrow routine on November ￰1￱ after the unlock, Ripple relocked 700 million XRP, worth about $1.75 billion, back into escrow through two separate transactions, one of 500 million XRP and another of 200 million ￰2￱ unlocks by Ripple.