🔓 Ripple unlocks 1 Billion $XRP : Understand the real impact on the market and supply.
On the first day of the month, the XRP Ledger custody (escrow) system is programmed to unlock 1 billion XRP tokens. The move raises questions about potential selling pressure in the market.
📌 XRP Supply Quick Look:
• Max Supply (Maximum Supply): 100.00 billion
• Circulating Supply: ~63.50 billion
• Still in Escrow: ~32.00 billion
💡 1 Billion in the Selling Debt?
Debunking Escrow:
🔄 Automatic Re-lock: The monthly release of 1 billion is a routine programmed by the network. Ripple typically re-locks between 700 and 800 million XRP in new contracts.
🌊 Real Injection into the Market: The actual flow of new tokens that reaches exchanges rarely exceeds 200 to 300 million XRP.
🔥 Is There a Burn? XRP does not have a systematic program for mass burning. Only small fractions of XRPL transaction fees (Gas Fees) are destroyed each block.
📉 Technical Analysis & Risk Management:
Absorbing this supply shock is currently supported by capital inflows from XRP ETFs and corporate accumulators. Watch support levels and avoid using high leverage during windows of large on-chain transfers.
$XRP
#Write2Earn!
#Ripple
#CryptoNews
#BinanceSquare
#TechnicalAnalysis
On the first day of the month, the XRP Ledger custody (escrow) system is programmed to unlock 1 billion XRP tokens. The move raises questions about potential selling pressure in the market.
📌 XRP Supply Quick Look:
• Max Supply (Maximum Supply): 100.00 billion
• Circulating Supply: ~63.50 billion
• Still in Escrow: ~32.00 billion
💡 1 Billion in the Selling Debt?
Debunking Escrow:
🔄 Automatic Re-lock: The monthly release of 1 billion is a routine programmed by the network. Ripple typically re-locks between 700 and 800 million XRP in new contracts.
🌊 Real Injection into the Market: The actual flow of new tokens that reaches exchanges rarely exceeds 200 to 300 million XRP.
🔥 Is There a Burn? XRP does not have a systematic program for mass burning. Only small fractions of XRPL transaction fees (Gas Fees) are destroyed each block.
📉 Technical Analysis & Risk Management:
Absorbing this supply shock is currently supported by capital inflows from XRP ETFs and corporate accumulators. Watch support levels and avoid using high leverage during windows of large on-chain transfers.
$XRP
#Write2Earn!
#Ripple
#CryptoNews
#BinanceSquare
#TechnicalAnalysis
