Ripple, the company behind XRPL (XRP) core development and its largest token holder, is preparing its treasury for February sales. Onchain data reveals Ripple has reserved 300 million XRP from the 1 billion unlocked on February 1. At these prices, the amount is worth $795 million.
Finbold retrieved the transaction history from XRP Scan, which shows the labeled ‘Ripple (1)’ account receiving the tokens. This is a known pattern that repeats monthly, when Ripple unlocks 1 billion XRP from the genesis distribution, reserves a fraction for its budget’s sales, and re-locks the rest for future unlocks.
Precisely, the company unlocked 1 billion XRP from ‘Ripple (26)’ and ‘Ripple (27)’, but has not moved these tokens yet. Instead, this time, it used previously unlocked XRP from ‘Ripple (24)’ and ‘Ripple (25)’.
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While Ripple now has 1 billion liquid XRP on ‘(26)’ and ‘(27)’, it re-locked 200 million and 500 million from ‘(24)’ and (‘25’), respectively, sending them to escrows on ‘Ripple (12)’ and ‘Ripple (13)’. These new escrows will reach finality in Q1 2028.
XRP price analysis amid possible dump from Ripple
As of this writing, XRP is trading at $2.65, up 24.36% year-to-date.
In January, Ripple also reserved and then sold 300 million XRP, an amount higher than 2024’s 200 million XRP average. Nevertheless, the token was still able to attract sufficient demand to absorb this selling pressure and perform well, as observed.
According to onchain trails, Ripple’s monthly reserved XRP tokens usually end up in unknown accounts and, at one point, in centralized exchange deposit addresses, which usually mean they are being sold in the open market.
Therefore, Ripple dumping nearly $800 million worth of XRP, although relevant, can not guarantee a poor performance. XRP needs to continue seeing a growing demand for its token, while its supply is diluted by the monthly inflation that looms Ripple since 2012, which has one of the largest selling record (in USD value) among all cryptocurrency projects.
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