On the first day of the year, Ripple prepared for its first token dump of 2025, reserving 300 million XRP of the 1 billion unlocked tokens, as Finbold warned on Christmas. This is part of a monthly selling pattern originated from XRP’s genesis distribution, reserving 80% of its supply to Ripple.
Previously, we reported the company preparing for its largest XRP dump to date, and also the last sale of 2024. In these occasions, Ripple reserved and sold 470 million XRP in November and 200 million XRP in December.
Now, repeating the pattern, the U.S.-based institution sent 300 million tokens to the ‘Ripple (1)’ account, according to data from XRP Scan. This amount comes from the ‘Ripple (24)’ account, which held the unlocked escrow of 500 million XRP for January 2025.
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Ripple’s remaining 700 million unlocked XRP in January 2025
The company then re-locked the remaining 200 million unlocked tokens in a new escrow within the ‘Ripple (12)’ account.
Besides the ‘Ripple (24)’ unlock, January 2025 also finalized an escrow in the ‘Ripple (25)’ account, with 500 million XRP. This was re-locked in a new escrow within the ‘Ripple (13)’ account, as done in previous months.
Notably, these remaining 700 million unlocked XRP will reach finality from the recent escrows by March 2028. Moreover, this year’s first unlock marks the last escrows from ‘Ripple (24) & (25)’.
Ripple’s XRP dumps in 2024
In 2024, Ripple dumped 3.22 billion XRP, passing through the ‘Ripple (1)’ account alone. There are reports suggesting the company could have sold even more XRP tokens last year, originating from alternative accounts.
At current prices, the accounted sales have a nominal value of $7.50 billion, as XRP trades at $2.33. However, Ripple sold most of the tokens at a far lower price, considering XRP traded around $0.50 during 2024.
Ripple dumps are significantly important for the crypto space as they are usually much higher than the industry’s standards.
For comparison, the Ethereum Foundation has a yearly budget of $100 million in ETH sales, which already makes enough market waves. This benchmark is particularly notable, considering Ethereum has three times more market capitalization than XRP, while having a yearly dumping-budget 75 times lower.
While the company did not disclose each sale separately, Ripple has already disclosed its selling model on many occasions. According to sources, its XRP sales go through an On-Demand Liquidity (ODL) model, selling at market price to willing customers.
Nevertheless, even this model requires an upcoming demand and dilutes exchanges’ order books by absorbing most of this XRP buying pressure.
XRP investors can monitor Ripple’s accounts to be aware of potential sales and unlocks that can dilute their holdings. Every time the company unlocks tokens from escrows, it inflates XRP’s circulating supply, requiring a proportional demand increase.
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