Ripple has unlocked 400 million XRP tokens — equivalent to approximately $532.86 million at current prices — in what appears to be a scheduled escrow release from the company's monthly unlock cycle.
Unlocks of this scale routinely draw bearish attention from XRP traders and market watchers. While Ripple has historically re-escrowed a significant portion of each monthly release rather than selling it into the open market, the sheer dollar size of this tranche is enough to weigh on near-term sentiment.
With XRP already navigating a complex macro and regulatory backdrop, a half-billion-dollar liquidity event adds overhead pressure to the price. Traders will be watching on-chain flows closely to see how much of this release moves toward exchanges versus back into escrow.
Whale Alert