According to Odaily Planet Daily, Whale Alert monitoring shows that at 08:08:11 UTC+8, 500 million XRP were unlocked from an unknown wallet in two transactions, worth over $970 million.

Note: On December 1st, Ripple will unlock tokens worth $1.6 billion in three transactions, specifically 200 million, 300 million, and 500 million XRP, accounting for 1.75% of the current circulating supply. Ripple unlocks 1 billion XRP tokens from the escrow system on the first day of each month through the XRP Ledger.