Ripple unlocks 1 billion XRP—Is a sell-off on the horizon?
Ripple has released 1 billion XRP tokens from escrow in three trades: 500 million, 300 million, and 200 million XRP. The release, totaling over $2.2 billion, deviates from Ripple’s usual pattern of releasing funds on the first day of the month, instead occurring on May 3, 2025. This delay has fueled speculation about changes in Ripple’s liquidity management strategy.
The company’s monthly escrow process, active since 2017, aims to maintain a predictable XRP supply. Recent months have seen Ripple pre-lock 700 million XRP before releases, sparking market chatter about potential shifts in their approach. Despite this, Ripple has remained silent on the matter, leaving the market to interpret these actions.
XRP’s price has been consolidating, trading between $1.96 and $2.50. Analysts suggest a test of $2.25 may lead to further dips toward $1.90, with resistance levels at $2.68 and $3.00. The RSI indicates short-term price pressure but potential rebounds.
Meanwhile, Wall Street’s interest in XRP grows. Influencer John Squire believes XRP is primed for a rally following its legal win against the U.S. government. Institutional players, like BlackRock and CME Group, are reportedly positioning themselves with products like XRP futures and potential trusts. Squire’s optimism reflects increasing confidence in XRP’s long-term value.