XRP Tsunami Incoming: Will Ripple’s $2.87B Unlock Leave the Market Drowning? 🌊💸
On August 1, the expected billion-dollar XRP release failed to materialize on-chain, sending shockwaves through the rumor mill faster than gossip at a country club. Had Ripple paused its program? Was this the beginning of some grand, secretive maneuver? Alas, no. Whale Alert eventually flagged three unlocks on August 9-500M, 100M, and 400M tokens, totaling the anticipated billion. And like clockwork, most of it was promptly re-escrowed. According to XRPScan, about 35.6 billion tokens remain in escrow after the reshuffle. Truly riveting stuff. 🕵️♂️💼