Ripple Unlocks $1.06B in XRP: Will Key Support Survive the Selling Pressure?
- Ripple unlocked 1 billion XRP, renewing concerns about potential selling pressure.
- Exchange inflows increased, but stronger network activity supported overall market sentiment.
- XRP continues defending $1.05 support while $1.15 remains the next major resistance.
Ripple has released another large batch of XRP into circulation, placing fresh supply under the spotlight. The latest unlock arrives as traders already watch weakening momentum and changing exchange activity. Large token releases often raise fears of heavier selling. Still, history shows market reactions depend on where those coins eventually move. Strong on-chain activity and steady buyer demand could determine whether XRP holds a critical support zone.
Fresh Supply Meets Improving Network Activity
Ripple unlocked one billion XRP worth more than $1.06 billion through three separate transactions. The release included 500 million XRP valued at about $532.86 million, 300 million XRP worth roughly $319.65 million, and another 200 million XRP valued near $213.11 million. Such a large release naturally attracted market attention. Past unlocks have not always triggered heavy selling.
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