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Cryptocurrency News Articles

Ripple (XRP) Prepares 300 Million XRP From Treasury for February Sales

Feb 04, 2025 at 11:03 pm

Ripple, the company behind XRPL (XRP) core development and its largest token holder, is preparing its treasury for February sales.

Ripple (XRP) Prepares 300 Million XRP From Treasury for February Sales

XRPL (XRP) core development company and largest token holder Ripple is preparing its treasury for February sales. According to onchain data, Ripple has reserved 300 million XRP from the 1 billion that were unlocked on February 1. At current prices, this amount is valued at $795 million.

Finbold acquired the transaction history from XRP Scan, which shows the labeled ‘Ripple (1)’ account receiving the tokens. This follows a known pattern that repeats monthly, where Ripple unlocks 1 billion XRP from the genesis distribution, reserves a portion for its budget sales, and re-locks the remaining for future unlocks.

Precisely, the company unlocked 1 billion XRP from ‘Ripple (26)’ and ‘Ripple (27)’, but did not move these tokens. Instead, this time, it used previously unlocked XRP from ‘Ripple (24)’ and ‘Ripple (25)’.

While Ripple now has 1 billion liquid XRP on ‘(26)’ and ‘(27)’, it re-locked 200 million and 500 million XRP from ‘(24)’ and (‘25’), respectively, sending them to escrows on ‘Ripple (12)’ and ‘Ripple (13)’. These new escrows will reach finality in Q1 2028.

XRP price analysis amid possible dump from Ripple

At the time of writing, XRP is trading at $2.65, up 24.36% year-to-date.

In January, Ripple also reserved and sold 300 million XRP, which is higher than the 2024 average of 200 million XRP. However, the token was able to attract enough demand to absorb this selling pressure and perform well, as observed.

According to onchain trails, Ripple’s monthly reserved XRP tokens usually end up in unknown accounts and, at one point, in centralized exchange deposit addresses, which typically indicate sales in the open market.

Therefore, Ripple dumping nearly $800 million in XRP, while relevant, does not guarantee a poor performance. XRP needs to continue seeing a growing demand for its token, while its supply is diluted by the monthly inflation that has plagued Ripple since 2012, giving it one of the largest selling records (in USD value) among all cryptocurrency projects.

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