Ripple unlocked 1 billion XRP worth approximately $2.8 billion, marking its first release of conditional deposits after the U.S. government confirmed the inclusion of XRP in the strategic reserve. On-chain data from Whale Alert confirmed that the release occurred in three transactions: 100 million XRP ($279.8 million) at 2:37 UTC, 400 million XRP ($1.12 billion) eight minutes later, and 500 million XRP ($1.4 billion) to another address.