🚀 Ripple will unlock another 1 billion XRP on August 1, possibly creating selling pressure. This routine unlock, part of the escrow system since 2017, has 44.02 billion XRP still locked.

🔓 The next unlock will release tokens with a $600 million nominal value. Ripple often re-locks most tokens, as seen in previous months.

📊 XRPScan shows the unlocking will occur in ‘Ripple (24)’ and ‘Ripple (25)’ accounts, totaling 1 billion XRP.

📉 In July, Ripple unlocked 1 billion XRP, sending 200 million to its treasury and re-locking 800 million. Similar patterns occurred in June, leading to significant sell-offs.

💰 Year-to-date, Ripple sold 1.826 billion XRP, worth $1.09 billion. XRP’s price fell 1.60% during this period.

📉 XRP price action: January saw 226 million XRP sold in three days, all negative. February had 260 million XRP with mixed results. March saw 240 million XRP sold in two red days. April and May had 200 million XRP sold with some gains. June marked the largest sell-off of 400 million XRP, resulting in losses. Recently, Ripple sold 300 million XRP as prices surged.