Ripple Keeps October's 1B XRP Unlock Idle as November Escrow Release Looms

1 hour ago 2 sources neutral

Key takeaways:

  • Idle 1 billion XRP signals withheld sell pressure, but November unlock keeps supply overhang alive.
  • Ripple’s 70% escrow recycling shows discipline, but 3.6 billion net XRP outside poses structural risk.
  • Swell may boost XRP sentiment; watch Nov. 1 unlock and wallet outflows for supply signals.

Ripple has left the full 1 billion XRP unlocked on October 1 untouched for 26 days, according to ledger checks cited on October 27. The tokens were released through four escrow deals and split evenly into two labeled addresses known as Ripple 10 and Ripple 11, each receiving 500 million XRP.

Neither wallet has sent an outbound payment since the October 1 drop, meaning the newly freed supply has not reached exchanges or public markets. While tokens leaving escrow do not automatically become circulating supply, the idle balances are being watched closely because monthly unlocks shape XRP supply expectations.

Separately, XRP Insights' escrow tracker recorded 700 million XRP moved back into new escrow deals on October 1, using different accounts with release dates extending into 2029. That means the idle Ripple 10 and Ripple 11 balances are distinct from Ripple's broader escrow recycling activity.

Another 1 billion XRP becomes releasable on November 1 at 00:00 UTC through two Ripple-owned escrow deals of 500 million XRP each. Under XRP Ledger EscrowFinish rules, the completion time alone does not automatically move tokens; a successful EscrowFinish transaction is required before tokens can enter end wallets.

Historical data from XRP Insights shows Ripple freed 12 billion XRP over the previous 12 monthly cycles and returned about 8.4 billion XRP, or 70%, to escrow. That left a net 3.6 billion XRP outside those deals. The next release arrives as Ripple's Swell 2026 event runs in New York from October 27 through October 29, with the company combining Swell and its Apex developer conference for the first time.

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