Ripple has unlocked a significant amount of XRP worth approximately $1 billion from its escrow account, exceeding a previously established monthly release strategy. This move indicates the company’s commitment to strategic market control and gradual token release into circulation. 500 million XRP was released at 15:04 UTC+8, with further funds being transferred to designated addresses for use in various operations. The unlock follows two smaller transfers by an anonymous wallet, adding to the total released amount. 500 million XRP from Ripple (27) and associated addresses were unlocked. Ripple’s escrow system aims to prevent sudden market surges while gradually releasing tokens to maintain control over XRP supply.