1B XRP Released from Escrow, 50M Tokens sent to Unknown Wallet by Ripple

Ripple has initiated its routine escrow execution exercise for March, unlocking 1 billion XRP tokens.

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The latest executions occurred barely 8 hours after the Silicon Valley company transferred 50 million tokens to an unidentified wallet yesterday.

The 1 billion XRP tokens were concurrently released in four distinct escrow executions and then transferred to two addresses associated with Ripple.

The recipient wallet, which currently has a balance of 67M XRP, is confirmed to be affiliated with the company.

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