Ripple has just unlocked a total of 1 billion XRP in July but with a flexible distribution method compared to the previous single release of 1 billion.
This action is accompanied by the re-locking of 700 million XRP, preparing 300 million XRP remaining for ecosystem development projects, while the market records strong selling pressure from XRP whales.
MAIN CONTENT
Ripple changes the way it unlocks XRP, dividing it into two phases and re-locking a large portion.
Over 600 million XRP from whales have been sold in the last 24 hours, creating downward pressure.
XRP is nearing the resistance area around 2.248 USD, determining the next price action.
How did Ripple unlock XRP in July?
According to official information, Ripple has completed the July escrow unlock cycle by releasing 1 billion XRP divided into two parts and re-locking 700 million XRP.
The total amount of XRP held back to promote ecosystem development, including on-demand liquidity (ODL), trading products (ETP), and other foundational infrastructure is about 300 million XRP. This indicates a more flexible approach, no longer unlocking 1 billion XRP at once as before.
Ripple is optimizing the management of XRP supply to support sustainable ecosystem development in the long term.
Brad Garlinghouse, CEO of Ripple, 3/2025
What does the recent transfer of 500 million XRP mean for the market?
Recent transactions recorded 225 million XRP worth over 500 million USD being transferred between two unidentified wallets, according to Whale Alert data. Large transactions like this are often associated with whales or large organizations, leading to much speculation.
In the last 24 hours, whales holding between 100 million to 1 billion XRP have sold over 600 million XRP, equivalent to over 1 billion USD, reducing this group's total XRP holdings to 7.7 billion XRP. This is a sign of declining confidence among large investors in XRP's prospects, and strong selling pressure could trigger deeper price declines.
What important resistance level is XRP facing?
Currently, XRP is trading around 2.23 USD, down 2.2% in the last 24 hours. Analyst Dexter Brown describes the 2.248 USD level as a 'battlefield' between buyers and sellers. A break of this area will open up the opportunity for the next price increase, while the opposite could create a retreat.
The 2.248 USD level plays a crucial role, determining the next trend of XRP on the technical chart.
Dexter Brown, cryptocurrency market analyst, 04/07/2025
How does Ripple manage its XRP supply?
Since March 2025, Ripple has reduced the frequency of unlocking and quickly re-locking large amounts of XRP as before. The company adopts a more flexible approach to balance unlocking for development needs with controlling circulating supply, avoiding pressure on market prices.
What factors are affecting the XRP price recently?
Selling pressure from whales is one of the key reasons why XRP has recently decreased in value. Additionally, volatility in the global cryptocurrency market and legal information also contribute to making it difficult for XRP's price to break out strongly.
What are the opportunities and challenges for XRP in the short term?
The resistance area around 2.248 USD will determine the next trend. If successfully broken, XRP could enter a new bullish phase. However, if rejected and faced with selling pressure, the price could drop sharply and adjust further.
Frequently Asked Questions
What is Ripple unlocking XRP for? Ripple releases XRP to support liquidity, developing the ecosystem with products like ODL and ETP that have been implemented.
How does selling pressure from whales affect XRP? Large sell-offs by whales can cause short-term price declines due to increased supply in the market.
Is the price level of 2.248 USD important? This is an important technical resistance level, determining the next upward or downward trend of XRP.
Why did Ripple change the way it unlocks XRP? The profile reflects a flexible strategy to control supply, avoiding significant market volatility.
Does XRP have the potential to recover in the near future? If it can surpass the important resistance level, XRP may recover in subsequent trading sessions.
Source: https://tintucbitcoin.com/ca-voi-xa-1-ty-usd-ripple/
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