Ripple Releases 1B XRP in Four Transactions Worth About $1.49 Billion
AI Market Summary
On-chain monitoring indicates Ripple unlocked 1 billion XRP across four transactions (400M, 300M, 200M, 100M), totaling about $1.49B. Large-scale token unlocks typically raise near-term circulating supply and distribution risk, often increasing liquidity and volatility expectations. Traders may interpret the move as a potential overhang on XRP until the destination and subsequent flows (treasury, market sales, or escrow cycling) are clarified.
Impact level
● Medium
Affected assets
XRP/USDT+0.30%
AI Insight · XRP/USDTAI Insight
▼ Bearish
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ChainCatcher reported that Onchain Lens data showed Ripple unlocked a total of 1 billion XRP within minutes through four separate transactions, with an estimated value of around $1.49 billion. The transfers amounted to 400 million, 300 million, 200 million and 100 million XRP, respectively.