Coin Edition -
- This move comes amid over 200 million XRP stolen from Ripple’s chairman.
- Ripple unlocked 600 million XRP from escrow but re-locked 800 million XRP.
- With the bad actor dumping the stolen XRP, Ripple locked back more tokens than it released.
Ripple has locked 800 million XRP valued at over $400 million in its escrow wallet despite releasing a lower volume for February. Prominent market tracker Whale Alert called public attention to this development in a recent post on X. Per Whale Alert’s data, Ripple initially locked 500 million XRP yesterday at 23:49 (UTC).