đ«Łđ«ŁRipple will unlockđČđ°đ± 1 billion XRP tomorrow (November 1)đ±đ±
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On the first day of every month, Ripple unlocks 1 billion XRP tokens from an escrow system programmed in the XRP Ledger. On November 1 (Wednesday), the token lock will be performed again in three transactions of 100 million, 400 million and 500 million XRP.
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April November 2023 unlocking process accrues 1.86% of the current circulating supply of 53.56 billion XRP and a portion of the remaining 46.43 billion XRP tokens owned by Ripple and still locked in escrow, to be released on a monthly basis until April 2027.
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The three escrow accounts held by the two known crypto wallet addresses under Ripple's control will be finalized in the last minutes of October 31:đ±đ±đ±đ±đ±
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