Ripple unlocks 1 billion XRP in escrow as token tests $1.50

  • Ripple released 1 billion XRP from escrow across four transactions.
  • 1 billion XRP was valued at approximately $1.49 billion near XRP’s $1.49 price.
  • October 1 releases followed Ripple’s monthly escrow schedule.

Ripple released 1 billion XRP from escrow (a locked reserve) across four transactions on October 1, valued at about $1.49 billion as XRP tested $1.50. The release followed Ripple’s monthly escrow cycle, under which up to 1 billion XRP can become available, but the gross unlock does not establish that the tokens were sold or added to circulating market supply. XRP’s four-hour chart remained weak, with the 50-period EMA near $1.50, resistance around $1.52, support near $1.47 and deeper support at $1.41-$1.45. The next key evidence is on-ledger activity showing how much XRP was re-escrowed or otherwise transferred.

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