Ripple recently locked up 500 million XRP, according to Whale Alert, a service that tracks large cryptocurrency transactions. The funds were moved from Ripple's address to an unknown wallet. This is a significant amount of XRP, representing over 3% of the total circulating supply. The reason for the transfer is unclear, but it could be related to Ripple's plans to use XRP for liquidity on its new payment platform, RippleNet. Ripple has been working to increase the adoption of XRP, and this move could be a step in that direction. It is also possible that the transfer is related to Ripple's ongoing legal battle with the US Securities and Exchange Commission (SEC). The SEC has accused Ripple of selling XRP as an unregistered security. The outcome of this case could have a major impact on the future of XRP and Ripple.