Ripple Moves 250M XRP From Escrow, 50M to FTX Subwallet
Whale Alert data shows Ripple made a major XRP transfer of 250 million XRP (~$704 M) from its monthly escrow release into an anonymous Ripple50-affiliated wallet. Each month, Ripple unlocks 1 billion XRP, retains around 300 million for operations and network costs, and redistributes the remainder. This transfer aligns with Ripple’s recurring escrow strategy to fund expenses, payments and strategic investments.
Additionally, on-chain analytics flagged a separate transfer of approximately 50 million XRP (~$141 M). Independent analysis suggests part of this moved into a subwallet linked to the defunct FTX exchange, while another tranche was traced to a wallet controlled by co-founder Chris Larsen. These large XRP transfers could impact XRP liquidity and market sentiment.
Traders should monitor real-time updates via Whale Alert, XRPScan and Ripple’s public escrow disclosures. Awareness of future escrow releases and major XRP transfers can inform trading strategies around volume spikes and volatility.
Neutral
This transaction is part of Ripple’s scheduled monthly escrow releases and aligns with an established pattern. While moving 250 million XRP and another 50 million XRP to known wallets could create short-term liquidity changes and heightened volatility, the predictable nature of these escrow distributions limits significant long-term price impact. Traders should remain informed around these events but recognize they follow routine capital allocation rather than unexpected token dumps.