This could mean oceans will rise even faster than forecast, and rising surface air temperatures appear to be to blame, the researchers report in Friday's issue of the journal Science.
"This change, combined with increased melting, suggests that existing estimates of future sea level rise are too low," Julian Dowdeswell of the Scott Polar Research Institute at Britain's Cambridge University wrote in a commentary.
"At 1.7 million square km (656,000 square miles), up to 3 km (nearly two miles) thick and a little smaller than Mexico, the Greenland Ice Sheet would raise global sea level by about 7 meters (22 feet) if it melted completely."
The study did not explore what is causing the rising air temperatures in Greenland, but most scientists agree that human activity, notably the burning of fossil fuels, is playing an important role in global warming.
Eric Rignot of NASA's Jet Propulsion Laboratory at the California Institute of Technology and Pannir Kanagaratnam of the University of Kansas used satellite data to track the movement of Greenland's glaciers, which slide slowly down to the sea and deposit ice.
They calculated that Greenland contributes about 0.02 inch (half a millimeter) to the annual 0.1 inch (3 mm) rise in global sea levels.
Since 1996, southeast Greenland's outlet glaciers have been flowing more quickly and since 2000 glaciers farther north have also sped up, reports Reuters.
According to BBC News, the comprehensive analysis found that the amount of ice dumped into the Atlantic Ocean has doubled in the last five years.
If the Greenland ice sheet melted completely, it would raise global sea levels by about 7m.
"It takes a long time to build and melt an ice sheet, but glaciers can react quickly to temperature changes," said co-author Eric Rignot, from the US space agency's (Nasa) Jet Propulsion Laboratory in California.
Dr Rignot and colleagues described their results at the annual meeting of the American Association for the Advancement of Science.
Since the likes of the traditional Inauguration Day in the national Capitol are likely never to be witnessed again, take this opportunity from one who has been there to relate some truth about the experience