🚀 Ripple’s February 1st $XRP Unlock – Market Impact Ahead? 🔥
Ripple is set to unlock 1 billion XRP on February 1, 2025 (Saturday) as part of its monthly escrow release. At current market prices, this equates to approximately $3.10 billion worth of XRP entering circulation. This scheduled release is part of Ripple’s long-term strategy to gradually distribute its holdings.
Understanding Ripple’s Escrow System
Since its inception in 2012, Ripple allocated 80 billion $XRP for future distribution. To ensure controlled supply management, 55 billion XRP was locked in an escrow system in 2017, with 1 billion XRP released every month. A portion of these tokens—typically around 20%—is used for operational expenses or sales, while the majority is re-escrowed for future gradual releases.
Market Implications – Buy, Sell, or Hold?
With such a large volume entering the market, traders are speculating on its potential impact on XRP’s price movement. Will this supply influx create downward pressure, or is it already factored into the market? Investors are closely watching for signs of volatility, making it crucial to assess whether to buy the dip, hold long-term, or sell in anticipation of price shifts. What’s your strategy?
