A total of 4,000,000 XRP — a stash over $10.5 million — has been locked into escrow, as revealed by Whale Alert, and while the number is not huge compared to Ripple's billions worth of monthly releases, it is still an extraordinary event in a series of transfers around wallets and exchanges. 

The wallet that received the lock, however, is not so random; it is Flare Core Vault, the same address already holding more than 1,570,000,000 XRP. Thus, the revelation makes the theory that some random investor shuffled coins off an exchange irrelevant, but the impact on the market remains. 

4M XRP locked in escrow at Flare Core Vault (2) https://t.co/ot5Ulfvevk

For those not familiar, this is ecosystem infrastructure, the kind that Flare uses for collateral and governance, and it plugs straight into the larger story, where over 35,000,000,000 XRP, about 33% of the total supply of the cryptocurrency, is tied up in escrow across the XRP Ledger.

XRP escrows can be sold

What makes the move more relevant is the timing. Just earlier this week, 

That means "locked" XRP is not just frozen coins waiting for a calendar date; it is also a set of claims that can move around between entities and serve as instruments in their own right.

So, the headline is 4,000,000 coins put aside, but the takeaway is bigger: the XRP supply is being shaped not just by trading volumes and exchange flows but by how escrows are used, controlled and reassigned, and in this case the answer leads directly to Flare.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。