Ripple Unlocks 1 Billion XRP in Scheduled June Escrow Release Worth $1.33B

Ripple released 1 billion XRP as part of its monthly escrow system, according to data from on-chain tracker Whale Alert. The transfers were distributed across three transactions: one of 500 million XRP valued at approximately $666 million, a second of 400 million for around $533 million, and a third of 100 million for about $133 million, with a total value exceeding $1.33 billion at current prices.