Ripple Unlocks $1 Billion in XRP as Bearish Momentum Builds

XRP is under pressure, down nearly 6% in the past 24 hours and teetering just above the $2 mark as bearish momentum builds. A $1. 02 billion unlock from Ripple’s escrow has sparked fresh concerns about oversupply, with tokens moved to operational wallets possibly poised for distribution. At the same time, network activity has collapsed 87% since mid-March and technical indicators like DMI and EMA lines suggest growing downside risk source: https://beincrypto.com/ripple-unlocks-1-billion-xrp-bearish/