Ripple has locked up 500 million XRP, according to data from Whale Alert. This significant movement from a Ripple-controlled address is a notable event in the XRP ecosystem. Locked XRP is typically held in escrow, often used for future distribution or to increase scarcity in the market. While the exact reason for this particular lock-up isn't immediately clear, it's common practice for Ripple to manage XRP supply this way. Locking up XRP reduces the circulating supply, which theoretically could positively influence the price, though market reaction will vary. Traders often monitor these large movements for potential market signals. This lock-up reinforces Ripple's long-term management strategy for XRP distribution and market stability. ```