Ripple completed the month of July with two releases of XRP, impacting the market. The unlocking was part of a new strategy for asset management.
First and Second XRP Unlocking
On July 4, Ripple carried out a second unlocking of 500 million XRP, following an initial release on July 1. Market participants were surprised as the usual one-time unlocking of one billion XRP did not occur. In total, one billion XRP was unlocked in July, with 700 million XRP relocked.
New Strategy for XRP Inventory Management
Since March, Ripple has shifted its approach to managing XRP holdings, moving away from a rigid unlocking and immediate relocking formula. The company now employs a more dynamic strategy, unlocking tokens and redirecting flows based on real-time demand and internal strategies.
Ripple's Market Approach Changes
As of now, Ripple has about 36.4 billion XRP in escrow and around five billion XRP in liquid reserves. This indicates that the company is focusing more on strategic asset allocation rather than a regular unlocking schedule. Analysts note that Ripple's actions are no longer calendar-bound, allowing for more measured decision-making.
The full unlocking of XRP in July occurred, but not in the expected manner. These changes in strategy and Ripple's approach may significantly influence the market.
