Ripple will unlock 1 billion $XRP on February 1st (Saturday).
At current prices, this is a $3.10 billion unlock. One of the largest (in USD value) ever recorded. This unlock will come from three escrows of 'Ripple (26)' and 'Ripple (27)', tagged by @xrpscan. 'Ripple (26)' will have two escrows reaching finality, unlocking 400M and 100M tokens, while 'Ripple (27)' will have a single unlock of 500M XRP. If Ripple follows the pattern of the last 12 months, we can expect the company to reserve between 200M to 470M of the 1 billion unlocked for February's distribution and sales.
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Ripple will unlock 1 billion $XRP on February 1st (Saturday).
At current prices, this is a $3.10 billion unlock.
One of the largest (in USD value) ever recorded.
This unlock will come from three escrows of 'Ripple (26)' and 'Ripple (27)', tagged by @xrpscan. 'Ripple (26)' will have two escrows reaching finality, unlocking 400M and 100M tokens, while 'Ripple (27)' will have a single unlock of 500M XRP.
If Ripple follows the pattern of the last 12 months, we can expect the company to reserve between 200M to 470M of the 1 billion unlocked for February's distribution and sales.