Fresh speculation about Ripple’s next move has emerged due to unusual patterns in token movement, as revealed by on-chain data and live commentary from XRP trackers. A total of 500 million XRP was unlocked from escrow, of which 400 million were relocked.
According to the latest data, 300 million XRP have been earmarked for on-demand liquidity (ODL) corridors, exchange-traded products (ETPs) and other strategic investments. These tokens are not being relocked and appear ready for deployment. The remaining gap leaves room for an additional 500 million XRP to be unlocked later this month, which would bring the cycle closer to the expected monthly schedule of one billion XRP.
Ripple’s XRP escrow management has become more complex in recent months. While previous years followed a consistent pattern of unlocking one billion XRP and relocking unused portions — often totaling 800 million XRP — the company has recently shifted toward more fragmented and flexible movements.
Since March, Ripple has been using new escrows from existing holdings rather than strictly following the time-locked release structure.
The 300M lock went thru second time. Total 700M locked for July 1. Expect another 500M to unlock next few days.https://t.co/WB4zbCRErn
— XRP_Liquidity (Larsen/Britto/Escrow/ODL/RLUSD) (@XRPwallets) July 2, 2025
Even though there was a small change this month, the big pattern is still the same. So far, 700 million XRP have been locked for July, which aligns with the projected lock levels for 2025. The current allocation strategy appears to prioritize supporting liquidity operations and investment products over altering the overall supply mechanics.
As of press time, Ripple’s total escrow holdings are around 36.4 billion XRP, which are managed through automated smart contracts. Ripple does not directly hold these funds and reports a separate balance of approximately five billion XRP.
