United

<ul>
 <li><strong>Ripple plans to sell 470 million XRP, marking its largest liquidation in seven years.</strong></li>
 <li><strong>The sale raises concerns over potential XRP price impacts and increased volatility amid Ripple’s ongoing legal conflicts with the SEC.</strong></li>
</ul>
<p>The crypto world is on high alert as <a href="https://www.ethnews.com/the-next-dominant-force-ripple-xrp-lunex-network-lnex-solana-sol-are-about-to-explode-in-november/" rel="noopener noreferrer nofollow">Ripple</a>, the company behind XRP, has announced the sale of a staggering 470 million tokens, the largest single liquidation the company has undertaken since 2016. This news has sent shockwaves through the community, raising concerns about potential ripple effects on XRP’s price and the broader market. With Ripple already embroiled in a legal standoff with the U.S. Securities and Exchange Commission (SEC), the timing of this move has intensified speculation.</p>
<p>As the United States approaches a major election, some are wondering if this sale signals a deeper strategic play or a need for immediate liquidity due to regulatory pressure.</p>
<p>In typical months, <a href="https://www.ethnews.com/dont-wait-for-cardano-and-ripple-to-surge-dogen-and-dogecoin-are-ready-to-deliver-explosive-returns-now/" rel="noopener noreferrer nofollow">Ripple</a> sells around 200 million XRP, a portion of the 1 billion tokens that are unlocked monthly from its escrow account. However, this unprecedented decision to release 470 million XRP has deviated from its usual conservative strategy, leaving market analysts and investors speculating on the rationale behind it. Could this larger-than-expected sell-off hint at a looming shift in Ripple’s business strategy, or is it merely a reaction to the ongoing legal battle with the SEC?</p>
<p>This decision to offload such a significant volume of <a href="https://www.ethnews.com/bitcoin-approaches-75k-ripple-and-cardano-surge-which-undervalued-altcoins-will-follow/" rel="noopener noreferrer nofollow">XRP</a> is more than a simple transaction; it has sent a jolt through investor sentiment. Large-scale token sales often impact the market, especially in an asset as volatile as XRP. Some investors interpret this move as a risky strategic maneuver, while others fear it may precipitate a sharp drop in the price of XRP, mirroring previous patterns.</p>
<h2 id="xrp-under-pressure-balancing-volatility-and-uncertainty">XRP Under Pressure: Balancing Volatility and Uncertainty</h2>
<p>Historical precedents offer some context: <a href="https://www.ethnews.com/ripple-ceo-predicts-xrp-etf-as-inevitable-sees-crypto-prices-surging/" rel="noopener noreferrer nofollow">Ripple</a>’s large token sales have often triggered price drops, rarely without consequence. In June of this year, a similar sell-off involving 400 million XRP led to a nearly 20% decrease in XRP’s price within a single week. Now, with 470 million XRP poised to enter circulation, analysts are bracing for a potentially even greater domino effect on the market.</p>
<p>Investors are asking pressing questions: Is <a href="https://www.ethnews.com/ripple-stuck-in-a-narrow-range-as-solana-breaks-out-but-smart-investors-are-buying-lunex-network-for-18x-gains/" rel="noopener noreferrer nofollow">Ripple</a> attempting to disrupt the market, or does it aim to secure its foothold in the crypto space despite regulatory challenges? According to Ryan Lee, chief analyst at Bitget Research, this sale could underscore the stagnation Ripple faces:</p>
<blockquote>
 <p>“XRP is largely a product of early cryptocurrency cycles. The lack of innovation, coupled with frequent legal entanglements, has led to disappointment among large holders and diminished interest from investors. If XRP cannot resolve its legal challenges or introduce innovative use cases, its market outlook remains bleak.”</p>
</blockquote>
<p>The ongoing SEC lawsuit adds another layer of complexity to this sale, bringing a broader dimension to the stakes involved. As the crypto sphere closely watches Ripple’s legal battles, the outcome could extend beyond the U.S., affecting global markets. <a href="https://www.ethnews.com/ripples-strategic-move-to-boost-australias-digital-economy-through-tokenization/" rel="noopener noreferrer nofollow">Ripple</a>’s message appears to be one of resilience: Despite regulatory pressures and uncertainties, it continues its expansion, even at the risk of unsettling XRP holders. However, it seems that institutional investors are becoming wary, with some beginning to distance themselves from the asset.</p>
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<p>The post <a href="https://www.ethnews.com/panic-in-crypto-markets-ripple-prepares-for-massive-xrp-sell-off/" rel="noopener noreferrer nofollow">Panic in Crypto Markets: Ripple Prepares for Massive XRP Sell-Off</a> appeared first on <a href="https://www.ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.</p>

Panic in Crypto Markets: Ripple Prepares for Massive XRP Sell-Off

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