Ripple's Strategic XRP Sell-Off Strategy

[Ripple reserves 200 million XRP for March sell-off]Ripple holds approximately 40.1 billion XRP, which is locked in repurchase contracts and has not entered the circulating market. Each month, Ripple unlocks 1 billion XRP, part of which is used for company reserves or sales.According to Finbold’s tracking, these unlocking behaviors of Ripple have an impact on the long-term value of the asset. On March 1, Ripple unlocked 1 billion XRP worth $630 million and retained 200 million, an amount currently worth approximately $126 million at a price of $0.63 per XRP.Ripple prepared for this month’s sale by transferring 2 million XRP from the “Ripple(22)” account to the “Ripple(1)” account. These two accounts represent the unlocked repurchase contract address and the company's treasury reserve respectively.Ripple’s sale in March involved the settlement of repo contracts and was the last repo contract using the addresses “Ripple (22)” and “Ripple (23)”. Among them, "Ripple (22)" unlocked 500 million XRP on March 1, sending 200 million to "Ripple (1)" and "Ripple (10)" respectively, and 100 million to "Ripple (12)". Ripple leveraged the latter two accounts to lock XRP back into new buyback contracts. “Ripple (10)” will unlock 200 million XRP in July 2027, while “Ripple (12)” will unlock 100 million XRP in August 2027.Subsequently, “Ripple (23)” sent its unlocked 500 million XRP to “Ripple (11)” and locked it in the repurchase contract on July 1, 2027.Future sales activities will focus on "Ripple (10)" and "Ripple (11)" to track Ripple's sales behavior. The market needs to pay attention to Ripple's strategy of liquidating holdings at specific moments. These sales are correlated with the token's 24-hour trading volume and may affect short-term prices. Additionally, Ripple has demonstrated that it is possible to sell additional XRP in addition to monthly unlocks. For example, in February, Ripple withdrew an additional 100 million XRP from an idle wallet for sale.

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