Ripple’s 2024 sales amount to over $3 billion in XRP at current prices – What’s next?
XRP price is melting faces with a 110% surge in the last seven days, breaking the $1.00 psychological resistance. This performance surprisingly happens amid strong 3 billion XRP selling pressure from Ripple—the token’s largest holder—in 2024 alone. Even more notable, XRP is up 123% month-to-date, just after Ripple unprecedentedly prepared its largest monthly dump in the last seven years, reserving and spending 470 million from the 1 billion XRP escrow unlock, as Finbold reported. Overall, Ripple has reserved and spent 3.046 billion XRP year-to-date, worth over $3.46 billion at current prices. Finbold has been monitoring and reporting these sales in 2024 through XRP Scan, looking at the ‘Ripple (1)’ labeled account. Picks for you Bitcoin price levels to watch as $100,000 target becomes more realistic 2 hours ago...