Ripple Drops a Billion XRP Like Clockwork — Market Watches the Relock Magic Trick

Ripple released exactly 1 billion XRP from its monthly escrow on Wednesday in three on-chain transactions, according to Whale Alert. The transfers — 200 million, 300 million, and 500 million XRP — arrived in quick succession and were valued at roughly $1.04 billion at the time of release. Each month, Ripple unlocks a portion of the 55 billion XRP it placed into escrow in 2017 to maintain predictable liquidity for operations, partnerships, and ecosystem development.

The unlock follows a brutal June for XRP, which closed with losses approaching 20% and touched a 19-month low around $1.01 on June 25, per BeInCrypto data. Since then, the token has recovered modestly to trade near $1.04. Technical charts from analyst Ali Charts (@alicharts) show XRP moving within a falling channel, with resistance between $1.18 and $1.22 and key support at $0.70 to $0.80. The analyst flagged $1.06 as a level to monitor for a possible bounce.

On-chain data from Santiment paints a different picture. Large holders added roughly 210 million XRP during June, exchange netflows turned negative, and spot XRP exchange-traded funds in the United States continued attracting steady inflows even as $BTC and $ETH ETFs faced outflows. Ripple typically relocks the majority of unlocked tokens within hours or days, returning 600 to 800 million XRP back into escrow. The net addition to circulating supply therefore lands between 200 and 300 million XRP per month, a mechanism designed to prevent sudden market dumps. How buyers respond at $1.06 and whether the July relock proceeds on schedule will set the tone for the weeks ahead.