{"id":5122,"date":"2025-06-03T18:13:06","date_gmt":"2025-06-03T18:13:06","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/xrp-sell-off-rumors-swirl-after-expert-questions-ripples-war-chest\/"},"modified":"2025-06-03T18:13:06","modified_gmt":"2025-06-03T18:13:06","slug":"xrp-sell-off-rumors-swirl-after-expert-questions-ripples-war-chest","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/xrp-sell-off-rumors-swirl-after-expert-questions-ripples-war-chest\/","title":{"rendered":"XRP Sell-Off Rumors Swirl After Expert Questions Ripple\u2019s War Chest"},"content":{"rendered":"

CoinRoutes chief executive Dave Weisberger detonated a fresh round of anxiety in the XRP market on Monday when he asked, on Scott Melker\u2019s podcast, whether Ripple Labs could finance a takeover of Circle \u201cfor $10 to $20 billion\u201d without off-loading roughly $10 billion in XRP. \u201cWho\u2019s going to buy the $10 billion worth of XRP they would need to sell out of their treasury?\u201d Weisberger said<\/a>, warning that a sudden supply surge could overwhelm order books and \u201chammer the price.\u201d<\/p>\n

Is A XRP Sell-Off Conceivable?<\/h2>\n

Within hours, pro-XRP attorney Fred Rispoli fired back on X. \u201cI love @daveweisberger1, but on this point he is mcgloning so hard,\u201d he wrote, invoking Bloomberg strategist Mike McGlone\u2019s reputation for bearish hyperbole. \u201cJust based on what I\u2019m getting offered for my Ripple shares on the secondary market, I don\u2019t think Ripple would even have to sell one XRP to buy Circle.\u201d Rispoli agreed that Ripple cannot raise $10 billion in pure cash, yet insisted the company could \u201ceasily afford the acquisition for a mix of cash and debt\u201d and a heavy equity-swap.<\/p>\n

When Weisberger replied that Circle\u2019s board would likely demand hard dollars unless it accepted Ripple equity or XRP \u201cwithout a haircut,\u201d Rispoli dug in. \u201cNo way to get $10B in cash\u2014and $10B is too high anyway,\u201d he wrote, citing late-2024 private-research valuations that placed Ripple at $15 billion excluding its ~36 billion escrowed XRP. If Circle\u2019s price tag fell to $7\u20139 billion, he said, Ripple could close with \u201c$1\u20133 billion cash on hand, a heavy stock exchange, and debt,\u201d especially with \u201call that GCC money sloshing around crypto world right now.\u201d Rispoli conceded it would be \u201ca reach\u201d but \u201cdoable without meaningfully selling XRP.\u201d<\/p>\n

Weisberger acknowledged the math\u2014\u201cThat\u2019s a reasonable analysis,\u201d he wrote\u2014yet cautioned that any price at the upper end of Rispoli\u2019s range \u201ccould be some short-term pain for us XRP holders.\u201d<\/p>\n

Ripple\u2019s tender-offer buyback in January 2024 valued the company at $11.3 billion, disclosing more than $1 billion in cash and about $25 billion in digital assets\u2014mostly XRP\u2014on its books. The firm still controls roughly 52 billion XRP (about 40 percent of supply), though 36 billion sit in timed escrow releases, limiting immediate access. At today\u2019s $2.20 spot price, the spendable portion is worth a little under $35 billion, but moving even a fraction quickly would collide with thin venue depth\u2014a point Weisberger hammered home.<\/p>\n

Ripple\u2019s cash pile also shrank after its $1.25 billion purchase of prime broker Hidden Road in April, a deal settled with a blend of cash, equity and RLUSD stablecoins. That acquisition suggests the company prefers hybrid structures, bolstering Rispoli\u2019s claim that Treasury XRP need not flood the market.<\/p>\n

Is Circle Even For Sale?<\/h2>\n

The debate may be academic. Circle, issuer of USDC, has repeatedly declared it \u201cnot for sale\u201d while marching toward a New York Stock Exchange listing that now targets a $7.2 billion valuation. Ripple\u2019s rumored approach earlier this spring reportedly topped $5 billion, well below Weisberger\u2019s stress case and within Rispoli\u2019s \u201cdoable\u201d band, but Circle rebuffed the talks and updated its S-1 two weeks later, enlarging the float rather than seeking a buyer.<\/p>\n

Strategically, Ripple already fields its own dollar-token RLUSD, launched in January and positioned by president Monica Long as \u201ccomplementary to XRP, not a competitor.\u201d Absorbing USDC\u2019s issuer would instantly rocket Ripple towards the size of Tether.<\/p>\n

Even under Rispoli\u2019s optimistic structure, Ripple might still need to liquidate several hundred million dollars\u2019 worth of XRP for working capital and closing costs. At current volumes, unloading just 500 million XRP (\u2248 $1.1 billion) would equal half a week of global turnover\u2014enough to distort price unless executed as private blocks.<\/p>\n

At press time, XRP traded at $2.19.<\/p>\n

\"XRP<\/p>\n","protected":false},"excerpt":{"rendered":"

CoinRoutes chief executive Dave Weisberger detonated a fresh round of anxiety in the XRP market on Monday when he asked, on Scott Melker\u2019s podcast, whether Ripple Labs could finance a takeover of Circle \u201cfor $10 to $20 billion\u201d without off-loading roughly $10 billion in XRP. \u201cWho\u2019s going to buy the $10 billion worth of XRP…<\/p>\n","protected":false},"author":1,"featured_media":5123,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[146],"tags":[2463,44,45,40,46,47],"class_list":["post-5122","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp-news","tag-circle","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-news","tag-xrp-price"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/5122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=5122"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/5122\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/5123"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=5122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=5122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=5122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}