Ripple Unlocks 1 Billion XRP in Monthly Escrow Release

Ripple executed its scheduled monthly escrow unlock on Wednesday, releasing 1 billion XRP in three transactions of 200 million, 300 million and 500 million. According to BeInCrypto, Whale Alert flagged the July 1 transfers, valued at roughly $1.04 billion at current prices, after XRP slid nearly 20% in June and hit a 19-month low around $1.01 on June 25. Ripple typically relocks 600-800 million XRP, implying a net monthly supply increase of about 200-300 million. Santiment data showed whales added roughly 210 million XRP in June, while US spot XRP ETFs saw steady inflows.