According to ChainCatcher, based on the monitoring of the on-chain data tracking service Whale Alert, at around 5:41 a.m. on June 2, Eastern Time, Ripple locked a total of 800 million XRP in escrow wallets through two transactions, one for 500 million XRP and the other for 300 million XRP, with a total value of more than $416 million. At the same time, two unknown wallets on the Ripple blockchain also unlocked a total of 1 billion XRP, each for 500 million XRP, with a value of more than $519 million.