Ripple just made a massive unlock of 500 million XRP tokens from their escrow account, worth around $1.07 billion. ๐ธ The transaction took place on January 1, 2025, and it caught our attention because of the mysterious message that accompanied it. ๐ค
After the unlock, the tokens were moved to a wallet called โRipple 25,โ which immediately had a balance of 1 billion tokens. ๐ค However, Ripple also moved the 500 million XRP to another wallet called โRipple 13,โ which was also locked back into escrow. ๐
Ripple typically releases a total of 1 billion tokens every month, so many are looking forward to the second batch before the day ends. โณ The message that accompanied the transaction mentioned that Donald Trump would soon be entering the White House and was optimistic that โwith Trump coming, we will make crypto great again.โ ๐บ๐ธ
The message has caused quite a stir in the XRP community, as many see it as a sign that a bull market may be coming soon, not just for XRP but for cryptocurrencies in general. ๐ While this message is not from Ripple, it is not new, as there were similar messages during unlocks in July and May 2024. ๐๏ธ
With everything going on, the XRP community is increasingly excited about the next token release and how the new political landscape could impact the crypto market. ๐