XRP News Today: Ripple Unlocks 1 Billion XRP in July, Relocks 400 Million, Price Dips 10%
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币界网报道：Ripple unlocked 1 billion XRP from escrow on July 1, worth approximately $470 million at current prices, as part of its monthly release schedule. The company immediately relocked 400 million XRP back into escrow, while the remaining 600 million entered circulation. This comes as XRP's price dropped nearly 10% over the past week, trading around $0.47 amid broader market declines. Ripple's routine escrow releases aim to provide predictable liquidity while maintaining long-term supply stability, with the company holding about 40.7 billion XRP in escrow accounts. Market analysts suggest the price dip reflects overall crypto market sentiment rather than Ripple's escrow activity.
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