Ripple is set to release another 1 billion XRP from escrow on August 1, part of its long-standing monthly routine.
While such unlocks often stir market chatter, they’ve historically had little lasting effect—mainly because most of the tokens never actually hit circulation.
At $3.17, XRP has pulled back sharply from its late July peak of $3.66. While top cryptos like Bitcoin and Ethereum saw mild 2–3% dips in the same window, XRP’s steeper slide has been linked to profit-taking rather than broader market weakness.
Interestingly, whale activity is on the rise. Over 70 million XRP recently moved out of long-inactive wallets, hinting at quiet accumulation by large holders.
Despite the headline number, Ripple typically re-locks the majority of each month’s release. On average, only about 300–400 million XRP actually enters the market, often directed toward infrastructure support or tokenization efforts.
The takeaway? Unlocks alone rarely drive volatility. It’s what happens after—with distribution and selling—that really matters.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/ripples-august-unlock-set-for-1b-xrp-minimal-market-impact-likely/