Ripple Reserves $795M XRP for March Sales, Market Braces for Impact
1min read Ripple, the company behind the XRPL development and XRP’s largest token holder, is preparing its treasury for March sales. Onchain data reveals that Ripple has reserved 300 million XRP from the 1 billion unlocked on March 1. At current prices, this amount is worth approximately $795 million.
This pattern of reserving a fraction of the unlocked XRP for sales and re-locking the rest for future unlocks repeats monthly. Last month, Ripple unlocked 1 billion XRP, reserved 300 million, and later sold the tokens. The market is now speculating whether the same thing will happen in March with the $795 million-worth of reserved XRP.
Ripple's XRP activity in March and February sales shows that the company did not directly use the month's unlocked tokens for February activity. Instead, it used an idle reserve from 'Ripple (24)' and 'Ripple (25)', leaving the 1 billion unlocked XRP untouched. After putting this "untouched" amount to work during the first weekend of March, Ripple activated the escrows, effectively completing the unlock of this month.
Following this premise, 'Ripple (26)' sent 300 million XRP to 'Ripple (1)' on March 1 and 200 million to 'Ripple (13)', which was then re-locked into an escrow set for May 2028. 'Ripple (27)' sent the full 500 million XRP to 'Ripple (12)' for the same purpose, locking it in another escrow.
As of this writing, XRP is trading at $2.65 per token, up 16% in the last 24 hours following Donald Trump's announcement to add it to the US treasury reserve. However, XRP is still down 11.52% in the last 30 days since Ripple prepared February's dump. This illustrates the potential impacts of significant supply pressure from the company's sales, even with high demand.
Traders and investors will need to watch the following developments and activity as they position themselves around the news. While the company did not disclose each sale separately, Ripple has already disclosed its selling model on many occasions. 