Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Chainlink Launches Real-Time Data Streams for U.S. Stocks and ETFs

06/08/2025

GENIUS Act scrutinized for stablecoin yield ban as TradFi tokenization gains steam

06/08/2025

Trikon Partners with Inferium to Bolster AI Infrastructure On-Chain

06/08/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Market Prophet Tom Lee Explains Why He Chose Ethereum Over Bitcoin

    04/08/2025

    How Much of Ethereum’s Supply Is Lost Forever? Here’s the Amount That Must Be Excluded When Calculating Supply

    04/08/2025

    Ethereum Rainbow Chart predicts ETH price for August 1, 2025

    04/08/2025

    Ethereum (ETH) Reclaims $3,800. Is $4,000 Likely?

    04/08/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    Cloudflare Accuses Perplexity AI of Using Stealth Crawlers to Evade Website Blocks

    05/08/2025

    CryptoPunks and Pudgy Penguins Draw Major Sales

    04/08/2025

    NFT Sales Spike in July—but Still Miles Below 2024’s Highs

    03/08/2025

    Ethereum Collections Lead NFT Sales Today

    03/08/2025

    Chainlink Launches Real-Time Data Streams for U.S. Stocks and ETFs

    06/08/2025

    GENIUS Act scrutinized for stablecoin yield ban as TradFi tokenization gains steam

    06/08/2025

    Trikon Partners with Inferium to Bolster AI Infrastructure On-Chain

    06/08/2025

    AI-Driven Investments Fuel 88% Crypto Surge in July

    06/08/2025
  • Blockchain

    Trikon Partners with Inferium to Bolster AI Infrastructure On-Chain

    06/08/2025

    Aethir and SatLayer Drive the Next Wave of AI Infrastructure

    06/08/2025

    Okratech Token and Web3 Decision Partner to Power Decentralized AI Ecosystems

    06/08/2025

    Pipe Network Launches Firestarter Storage as Decentralized Cloud Alternative on Solana

    05/08/2025

    AI bot ‘Clanker’ racks up $34M in swap fees launching Base memecoins

    05/08/2025
  • DeFi

    Chainlink Introduces State Pricing to Improve Onchain Asset Valuation

    05/08/2025

    Stables Labs Launches USDX, sUSDX on Base Network for Advanced Cross-Chain Accessibility

    05/08/2025

    Arcadia Finance users reimbursed by DeFi hack insurance

    05/08/2025

    Strategic Hire Signals Explosive RWA Growth

    05/08/2025

    Aave repurchases 70,000 tokens, boosting DeFi lead

    05/08/2025
  • Metaverse

    Where Has the Metaverse Gone? Examining a Failed (and Costly) Trend

    01/08/2025

    From Metaverse to Machine Learning, Inside Meta’s $72 Billion AI Gamble

    31/07/2025

    AntVerse Integrates Terminus to Transform AI-Powered Metaverse with Web3 Payments

    25/07/2025

    The Sandbox Launches Largest LAND Auction Using GBM Protocol

    21/07/2025

    Elon Musk’s xAI Quietly Fixed Grok by Deleting a Line of Code

    09/07/2025
  • Regulation

    Chainlink Launches Real-Time Data Streams for U.S. Stocks and ETFs

    06/08/2025

    AI-Driven Investments Fuel 88% Crypto Surge in July

    06/08/2025

    Galaxy Digital Slips 8% Post-Earnings as Investors Take Profits Following Big Run Higher

    06/08/2025

    JD.com’s Pivotal Move Unlocks New Digital Frontier

    05/08/2025

    Nasdaq, S&P 500 eye gains as stocks rebound

    05/08/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    DEX trading volume tops $1T for the first time in July, Hyperliquid leads record perp surge

    05/08/2025

    Coinbase to Delist Popular Cryptocurrency This August: Details

    05/08/2025

    Binance Sends Millions in Crypto to Wintermute Amid Transparency Questions

    05/08/2025

    Bitcoin Exchange Binance Deletes Numerous Altcoin Trading Pairs from Margin Trading! Here Are the Details

    05/08/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Shrapnel to Leave Avalanche in New Partnership with Gala Games

    05/08/2025

    Google to Pit Top AI Models Against Each Other in Live Chess Tournament

    05/08/2025

    The Biggest Games Releasing in August 2025

    03/08/2025

    TaskOn Joins EPHYRA to Elevate AI-Powered Gaming Experience

    02/08/2025

    Core Scientific investors expected to resist CoreWeave’s merger bid

    05/08/2025

    Impressive 467 BTC Production in July

    05/08/2025

    Cango posts ‘massive’ July Bitcoin haul, boosting corporate treasury

    05/08/2025

    French MPs Float Plan to Mine Bitcoin With Surplus Nuclear Energy

    04/08/2025

    GENIUS Act scrutinized for stablecoin yield ban as TradFi tokenization gains steam

    06/08/2025

    SEC’s Peirce defends transaction privacy as Tornado Cash verdict looms

    06/08/2025

    CZ Says Banks Blocking Crypto Will End After U.S. Executive Order

    06/08/2025

    Bitsonic CEO imprisoned a second time for over $70k fraud charge – how far does his crime go?

    05/08/2025

    Chainlink Launches Real-Time Data Streams for U.S. Stocks and ETFs

    06/08/2025

    GENIUS Act scrutinized for stablecoin yield ban as TradFi tokenization gains steam

    06/08/2025

    Trikon Partners with Inferium to Bolster AI Infrastructure On-Chain

    06/08/2025

    AI-Driven Investments Fuel 88% Crypto Surge in July

    06/08/2025
  • MarketCap
NBTC News
Home»Altcoins»Sell-off incoming? Ripple to unlock 1 billion XRP on May 1
Altcoins

Sell-off incoming? Ripple to unlock 1 billion XRP on May 1

NBTCBy NBTC27/05/2024No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Ripple, the company behind the XRP Ledger (XRP) development, will unlock 1 billion tokens on May 1, worth $503.6 million. This is part of Ripple’s monthly sell-offs, which could negatively impact the XRP price in the following weeks.

Historically, Ripple has been unlocking 1 billion tokens through escrows, finalized on the first day of every month since 2017. So far, the company has been using ‘Ripple (22)’ and ‘Ripple (23),’ according to XRPScan, as reported in April’s unlock.

However, these accounts show empty escrows on April 30, similar to what happened in March, a few days before April’s unlock. Finbold will further monitor Ripple’s known accounts and report accordingly in the coming days.

What happened after Ripple’s XRP token unlock in April

The escrow system unlocked 1 billion XRP on April 1, from ‘Ripple (22)’ and ‘Ripple (23)’ accounts. Later, Ripple reserved 200 million tokens for the sell-off and re-locked the rest in escrows for August 2027.

As developed, ‘Ripple (22)’ sent 200 million XRP to ‘Ripple (1)‘, the treasury account. On April 14, the company dumped $48.5 million worth of tokens after Iran’s offensive against Israel. Later, on April 24, Ripple got rid of the remaining 100 million XRP reserved for the sell-off.

XRP price analysis amid sell-offs

Notably, Ripple’s previous sell-offs mostly coincide with losing days for the XRP price. Finbold placed each of the company’s selling activities year-to-date on XRP’s daily chart.

Interestingly, only three of the ten days had a slightly positive price action. Yet, even these ‘green’ days were made of shy gains, while the negative ones were more impactful.

In particular, XRP lost 20% from January 1 to January 31 and gained 16.6% in February, with two of the three positive days. In March, the first half was very positive, but March 13’s sell-off caused a huge drop of over 17% until March 20.

April was marked by negative volatility amid geopolitical tensions and Ripple’s dumps. The first sell-off, however, was on a positive day.

As of this writing, XRP has lost 20% year-to-date, currently trading at $0.50 per token in a key psychological support.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

The Sui Ecosystem’s Top 3 Altcoin Performers

29/07/2025

Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

28/07/2025

Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

28/07/2025

$1.6 Billion XRP Surge: Here’s What’s Unfolding

28/07/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Chainlink Launches Real-Time Data Streams for U.S. Stocks and ETFs

06/08/2025

GENIUS Act scrutinized for stablecoin yield ban as TradFi tokenization gains steam

06/08/2025

Trikon Partners with Inferium to Bolster AI Infrastructure On-Chain

06/08/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.