The report details the distribution of xrp from ripple's escrow, which is a regular occurrence. while the etp and investment allocation is noted, it represents a portion of the total unlocked xrp and is part of ripple's established operations, not an unexpected event.
The information comes from @xrpwallets, a dedicated xrp transaction tracker, and is cross-referenced with data on escrow relocking history. the details provided about specific exchange transfers (binance, coinbase) and odl corridor allocations lend credibility to the report.
The distribution of escrowed xrp is a predictable monthly event. while the allocation to etps and investments shows demand and utility, it's a known factor that the market has likely already priced in. the stablecoin minting for gemini is also part of an ongoing collaboration and not a sudden development to drastically shift price.
The immediate impact on price is likely to be minimal as these are routine operations. any significant price movement would depend on broader market sentiment or news directly impacting xrp's fundamental value or regulatory standing.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Ripple's actual half-billion XRP release mapped Ripple sends 20 million RLUSD to Gemini Advertisement X account @XRPwallets, which tracks XRP transactions, including those made by Ripple, has published a detailed report of where half of the billion XRP coins unlocked by the crypto giant last month were distributed. The majority, according to the X post, was used for ETPs and other investments via major cryptocurrency trading platforms. Traditionally, Ripple releases one billion XRP during the first days of every new month and then locks around two-thirds of it back into escrow. You Might Also Like Mon, 03/02/2026 - 21:10 Ripple Conducts Largest-Ever RLUSD Mint By Alex Dovbnya HOT Stories 'Seems Important': Ripple CTO Emeritus Reacts to DTCC News Crypto Market Review: XRP Invalidates $1.30 Safeguard, Is Bitcoin (BTC) Exposed to Selling Pressure? Shiba Inu (SHIB) Hides Bullish Divergence Ripple's actual half-billion XRP release mapped @XRPwallets revealed that, in February, the San Francisco-based blockchain behemoth shifted approximately 309 million XRP to major cryptocurrency exchanges. Those coins eventually went to XRP exchange-traded funds (ETFs), XRP trusts and other investments. The largest XRP chunk was sent to Binance — 300 million. Five million XRP went to Bitgo and four million XRP to Coinbase. Advertisement Besides, Ripple transferred around 100 million XRP to various Ripple Pay (formerly known as ODL) corridors to support liquidity in those payment channels. February 2026 Ripple Holdings/Escrow to External Tracking ▫️ [ETPs, Trust, Other Investments] 🔽300M XRP thru Binance 🔼5M Bitgo Init 🔼4M CB 🔼99.7985M XRP sent to ODL corridor 🔽408.7986M Total Outbound (Not all Inclusive) 🚨🚨🚨 https://t.co/75C51V3XQc?from=article-links — XRP_Liquidity (ETF 1Y 39.8B = Max 54.4B) (@XRPwallets) March 3, 2026 Since early 2018, Ripple has been unlocking one billion XRP and then locking around 700 million or 800 million XRP. Advertisement In March, Ripple also unlocked one billion coins. Earlier today, the aforementioned account reported that, in February, Ripple locked back 700 million XRP, and in March, it put back in escrow the same amount of crypto. Ripple Escrowed XRP Relocked History MAR - 700M XRP FEB - 700M XRP JAN - 700M XRP 2025 700M locked per month with exception of June 670M locked. Total unlocked 3.63B XRP 2024 800M locked per month with exception of NOV 530M locked. Total unlocked 2.67B XRP https://t.co/tlhMv12A0k?from=article-links — XRP_Liquidity (ETF 1Y 39.8B = Max 54.4B) (@XRPwallets) March 3, 2026 Ripple sends 20 million RLUSD to Gemini In an earlier tweet today, @XRPwallets also commented on Ripple recently minting a substantial amount of its stablecoin, RLUSD. According to @RL_Tracker, the crypto heavyweight minted two batches of RLUSD on Monday: 69,000,000 and 19,655,000 RLUSD. The former was the largest RLUSD mint ever made by Ripple. @XRPwallets tracked the second one, saying that it was issued to a wallet that belongs to the Winklevosses' crypto exchange, Gemini. Apparently, this transaction was made as part of the collaboration between Ripple and Gemini (using Mastercard and WebBank) announced in November 2025. The crypto exchange then intended to implement RLUSD settlements on the XRP Ledger for payments made with fiat bank cards. The first product of this collaboration was the Gemini XRP Credit Card. That initiative was meant to ensure faster, more secure, transparent and compliant settlement within the conventional financial system. #Ripple News #XRP #RLUSD #Gemini