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Ripple moved all the 300 million XRP reserved for January’s budget in a single transaction, worth approximately $690 million. With that, the company sends a strong message to the market regarding what could be its dumping strategy for 2025. On January 9, at 8:16 p.m. UTC, Ripple sent 300 million XRP from the ‘Ripple (1)’ account to the ‘rP4X2h(…)’ address. This is a selling pattern that repeats every month, as Finbold reported throughout 2024, used to Ripple’s monthly XRP dumps. Since the transaction, ‘rP4X2h(…)’ has already moved 6 million XRP, still holding a 409.53 million XRP balance. Picks for you Donald Trump now holds over $11 million in crypto 2 hours ago Gate.io launches a startup airdrop program featuring a Camino Netw...

Ripple, XRP Ledger’s (XRP) core developer and largest holder, will unlock 1 billion tokens this Friday, November 1. At current prices, this unlock has a nominal value of above $520 million, part of which Ripple will eventually sell. Notably, the currently locked 1 billion XRP—together with over 40 billion more—is not counted as XRP’s circulating supply. Thus, unlocking and selling a fraction of these tokens will effectively inflate XRP’s supply, diluting other holders’ value. This dilution’s effects can be varied, potentially even directly affecting XRP’s price as the market speculates on the potential outcomes. Interestingly, XRP dropped aggressively on October 1 and 22, right after last month’s unlock and 200 million tokens’ selling, respectively. Picks for you What will Nvidia stock price b...