The amount of XRP in Ripple’s escrow reserve has reduced significantly to 38.9 billion from the 55 billion coins initially locked in 2017.  

Ripple recently released its Q3 2024 report, giving its clients an overview of its overall performance and state of the XRP Ledger (XRPL) in the third quarter of 2024. 

Ripple’s XRP Holdings 

In the report, Ripple revealed its XRP holdings, including those held in its escrow reserve. As of September 30, 2024, Ripple’s liquid XRP holdings stood at 4,436,713,796 (4.43 billion). 

In addition, the company’s escrow reserve held 38,900,000,005 (38.9 billion) XRP on September 30. Notably, Ripple’s Q3 report has triggered widespread reactions within the XRP community, with a focus on the escrow reserve. 

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