• Ripple locks 700M XRP in escrow Apr 1, second month deviating from 1B release
• CEO Garlinghouse addresses sales criticism, hints at potentially scaling down later
• XRP trades ~$2.12, faces key resistance at $2.27 20-day EMA; RSI weak (~40)

Ripple has once again locked 700 million of XRP tokens in escrow, according to on-chain analytics platform Whale Alert. This move aligns with the organization’s long-standing programmed escrow mechanism. This program typically ensures a predictable release schedule, releasing 1 billion XRP from escrow each month, with unused portions usually re-locked. 

These released tokens are generally allocated for institutional sales, operational expenses, and other company purposes. A similar pattern involving only 700 million XRP was also observed last month, deviating from the standard 1 billion monthly release figure seen previously.

According to some market analysts, this deviation could be a sign Ripple is maintaining tighter control over its t…

The post Is Ripple Quietly Reducing Its XRP Sales Pressure? Escrow Data Analyzed appeared first on Coin Edition.

• Ripple locks 700M XRP in escrow Apr 1, second month deviating from 1B release
• CEO Garlinghouse addresses sales criticism, hints at potentially scaling down later
• XRP trades ~$2.12, faces key resistance at $2.27 20-day EMA; RSI weak (~40)

Ripple has once again locked 700 million of XRP tokens in escrow, according to on-chain analytics platform Whale Alert. This move aligns with the organization’s long-standing programmed escrow mechanism. This program typically ensures a predictable release schedule, releasing 1 billion XRP from escrow each month, with unused portions usually re-locked. 

These released tokens are generally allocated for institutional sales, operational expenses, and other company purposes. A similar pattern involving only 700 million XRP was also observed last month, deviating from the standard 1 billion monthly release figure seen previously.

According to some market analysts, this deviation could be a sign Ripple is maintaining tighter control over its t…

The post Is Ripple Quietly Reducing Its XRP Sales Pressure? Escrow Data Analyzed appeared first on Coin Edition.