- Ripple locks 700 million XRP in escrow amid volatile markets.
- Whale sales preceded the lockup.
- Temporary stabilization observed in XRP price post-lockup.
On August 2, 2025, Ripple secured 700 million XRP, valued at approximately $2 billion, in escrow accounts amid heightened price volatility, tracked by Whale Alert’s blockchain analytics.
This escrow action coincided with notable whale sell-offs, significantly impacting XRP’s market price while also influencing broader crypto market volatility.
Ripple Labs executed a significant transaction by locking 700 million XRP into escrow accounts. This move, under their monthly schedule, aimed to stabilize XRP amid heightened market volatility following whale sell-offs.
Leading the initiative, Ripple’s CEO, Brad Garlinghouse, participated in selling $200 million in XRP. Whale Alert tracked these transactions, detailing three primary escrow transfers crucial for market operations.
The locked XRP lessens the circulating supply, providing temporary price stability. Ripple’s action coincides with market declines after significant XRP sell-offs by whale wallets.
Financial experts noted the wider market decline, paralleling the drop in Bitcoin and Ethereum, triggered by economic cues from the U.S. Federal Reserve on maintaining high interest rates.
Historical data on Ripple’s escrow cycles indicates the typical pattern, though whale sell-offs magnified the impact. The August 2025 cycle was notable for the scale and subsequent price effect on XRP.
Future outcomes hinge on regulatory changes and technological evolutions within the crypto market. Tracking through Whale Alert provides transparency, showing Ripple’s ongoing escrow utilization strategy.
“The lockup of 700 million XRP helps stabilize our market amidst ongoing volatility and pressure from whale activity.” – Brad Garlinghouse, CEO, Ripple Labs, – Coinpedia
