Just 10 minutes ago, two transactions were observed involving the locking of XRP in escrow at Ripple:
400,000,000 #XRP (valued at 243,706,103 USD) was locked in escrow at Ripple. Transaction hash: EB5411EEE8768D38CA460362A03404F2765A968A0C848F2F7044CED4DA2A0FFA
Additionally, another 400,000,000 #XRP (also valued at 243,706,103 USD) was locked in escrow at Ripple. Transaction hash: FC2E023CE5325DDF15F5296DA824C77E360783D4FB04B20D33064E8BE9AB7475
These transactions indicate a significant amount of XRP being locked in escrow, potentially for various purposes within the #Ripple ecosystem.