Ripple XRP Reserves, Escrow Activity, and Price Analysis in May

Friday, 3 May 2024, 10:26

Ripple has reserved 200 million XRP out of the 1 billion unlocked for May sell-offs, worth nearly $104 million. The article tracks Ripple's unlocking pattern and its impact on XRP's value and short-term price fluctuation. Notably, significant sell-offs have historically influenced XRP price movements, emphasizing the need for investors to monitor Ripple's activities closely in May.
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Ripple XRP Reserves, Escrow Activity, and Price Analysis in May

Ripple XRP Sell-Off Alerts

Ripple has reserved 200 million XRP out of 1 billion tokens for May sell-offs, valued at almost $104 million.

Ripple Escrow Management

  • Ripple unlocks 1 billion XRP monthly and reserves an arbitrary amount for future releases.
  • Ripple used new accounts, 'Ripple (24)' and 'Ripple (25),' for May's unlocks.

Price Impact Analysis

  1. Ripple's previous sell-offs correlated with XRP price movements with only three slightly positive days year-to-date.
  2. Investors should monitor Ripple's selling activities in May closely to gauge potential price recovery.

Disclaimer: The information provided is not investment advice, and investing carries risks.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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