๐จ $XRP โ 1 BILLION XRP UNLOCKED!
Ripple just unlocked 1 billion $XRP , worth roughly $1.49B, from escrow. But the headline number isnโt the whole story. ๐
This is part of Rippleโs scheduled monthly escrow process, and historically, a significant portion can be returned to escrow. So the full $1.49B shouldnโt automatically be viewed as immediate selling pressure.
๐ For $XRP traders, the key things to watch now:
๐น How much supply actually reaches the market
๐น Whether selling pressure increases
๐น Can $XRP hold the $1.46โ$1.50 area?
The unlock is important.
But the follow-through matters more. ๐ฅ
#XRP
Ripple just unlocked 1 billion $XRP , worth roughly $1.49B, from escrow. But the headline number isnโt the whole story. ๐
This is part of Rippleโs scheduled monthly escrow process, and historically, a significant portion can be returned to escrow. So the full $1.49B shouldnโt automatically be viewed as immediate selling pressure.
๐ For $XRP traders, the key things to watch now:
๐น How much supply actually reaches the market
๐น Whether selling pressure increases
๐น Can $XRP hold the $1.46โ$1.50 area?
The unlock is important.
But the follow-through matters more. ๐ฅ
#XRP