Ripple just re-locked 700M $XRP , worth about $875M, after the November release (COINOTAG).
That escrow cycle repeats every month, and XRP is trading near $1.25 while the broader market stays cautious. A release that goes straight back into escrow means no fresh supply hits the market, though the unlock headline still spooks some traders.
My take: the monthly unlock is mostly noise now, and price is driven more by flows and macro than by escrow mechanics.
Do you still treat the monthly XRP unlock as a bearish signal, or is it priced in?
#XRP #Ripple #Crypto
That escrow cycle repeats every month, and XRP is trading near $1.25 while the broader market stays cautious. A release that goes straight back into escrow means no fresh supply hits the market, though the unlock headline still spooks some traders.
My take: the monthly unlock is mostly noise now, and price is driven more by flows and macro than by escrow mechanics.
Do you still treat the monthly XRP unlock as a bearish signal, or is it priced in?
#XRP #Ripple #Crypto