According to the XRP escrow tracker, Ripple is scheduled to release 1 billion XRP on November 1 at 00:00 UTC, carrying a notional value of $1.3 billion at the token's current price of $1.30. XRP traded around $1.30 on October 25 after failing to maintain its recovery above $1.40 earlier in the week.

Historical data shows that Ripple re-escrowed approximately 70% of its monthly releases over the preceding 12 months, with unused tokens returned to new escrow contracts. On October 1, Ripple released 1 billion XRP before placing 700 million back into escrow, leaving a net reduction of 300 million tokens in its locked balance.

Xem nguồn

Disclaimer: This content is for informational purposes only and does not constitute investment advice or encourage the buying or selling of crypto assets. It is intended to provide information about industry developments and is not directly related to the services offered by Gate TR. Although information obtained from third-party sources has been carefully reviewed, Gate TR assumes no responsibility for any errors or omissions. Crypto assets involve high risks and may experience significant price fluctuations. Before making any investment decisions, you should assess your financial situation and risk tolerance, conduct your own research, and make decisions independently.

Tin tức liên quan

3giờ trước

FF and CARDS Tokens Face Massive Unlocks Next Week Worth $39M Combined

9giờ trước

Four.Meme Launches Binance Agent ID Exclusive Mode on BNB Chain, Limits Holdings to 1% of Supply

13giờ trước

EigenCloud's EIGEN to Unlock 38.35M Tokens Worth $7.72M on November 1

13giờ trước

ZetaChain Unlocks 44.43M ZETA Tokens Worth $1.79M on November 1

10-24 14:01

HSBC Launches HKD Stablecoin RedCoin on PayMe, 3.3M Users Can Access Wallets

Phân tích chuyên sâu