Ripple’s XRP Drama: Whales Dump $1B in a Blink! 🐳💰

Amidst the swirling mists of the crypto market, Ripple has once again surprised us, this time by unlocking another 500 million XRP. Just days after it released 500 million XRP on July 1, the company seems to be playing a game of hide and seek with its tokens. Typically, Ripple would unlock 1 billion XRP at the start of each month, but this time, it decided to split the release into two parts, perhaps to keep us on our toes or simply to add a bit of suspense to the proceedings. 🎭

500,000,000 #XRP (1,118,938,031 USD) unlocked from escrow at unknown wallet

— Whale Alert (@whale_alert) July 4, 2025

Ripple Adopts Flexible Approach To XRP Unlocks

With the July escrow cycle now officially wrapped up, Ripple has unlocked 1 billion XRP in two parts and relocked 700 million. The remaining 300 million XRP is set aside to boost ecosystem expansion, supporting areas like on-demand liquidity (ODL), exchange-traded products (ETPs), and broader infrastructure development. It’s as if Ripple is saying, “We’re not just about the numbers; we’re about the future.” 🚀

Since March, Ripple has moved away from its old pattern of unlocking and quickly relocking most XRP, shifting to more flexible movements. It’s like they’ve decided to dance to a different tune, one that’s a bit more spontaneous and less predictable. 🎶

$500M In XRP Moved, Whale Sell-Off Adds Pressure

225,109,772 #XRP (500,833,454 USD) transferred from unknown wallet to unknown wallet

— Whale Alert (@whale_alert) July 4, 2025

According to Whale Alert, 225,109,772 XRP, valued at over $500 million, was recently transferred between two unknown wallets. Such massive, unidentified movements often trigger speculation about whale activity or potential behind-the-scenes moves by institutions or major players. It’s like a mystery novel, where every page turns with a new twist. 🕵️‍♂️

Whales holding between 100 million and 1 billion XRP offloaded over 600 million XRP, worth more than $1 billion, in just 24 hours this week. As a result, their total holdings have dropped to 7.7 billion XRP. This wave of selling by long-term holders signals declining confidence in XRP’s future and could create significant downward pressure on its price. It’s a bit like watching a ship in a storm, where the crew is jumping overboard faster than you can say “abandon ship!” 🌊

XRP battles resistance at $2.248

XRP is currently trading at $2.23, down 2.2% in the last 24 hours. Analyst Dexter notes that $2.248 is acting like a magnet for XRP’s price action. He describes it as a “battleground zone,” where bulls and bears are fighting for control. A clear breakout above this level could signal further upside, while a rejection might trigger a pullback. All eyes are on this critical price point for the next big move. It’s a tense moment, like the calm before the storm, or perhaps the storm before the calm. 🌪️

Read More

2025-07-04 14:59