Ripple’s Upcoming 1 Billion XRP Unlock: Will It Impact the Price?

Quick Summary:

On January 1st, the market will witness 2025’s first token unlock event.

A prominent onchain analyst, Ali Martinez recently took to X to share that whales bought another 60 million XRP in the last 48 hours.

Notably, Ripple has 55B XRP tokens locked in an escrow account, which is nearly 55% of the total XRP supply.

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Article Details

Author / Journalist: Nidhi Kolhapur

Category: Crypto

Markets: United States

Topics: Ripple (XRP) News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-26 @ 14:22:00 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 400 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 24674091

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