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.
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