Today, 1 billion XRP came out of escrow — and what’s more interesting is last month’s allocation, which hasn’t moved.

The facts: Under Ripple’s monthly schedule, two escrows of 500 million XRP each were unlocked on Nov. 1, 2026 (XRPL tracking recorded both, cited Nov. 1). The odd part: As of Oct. 29, two Ripple wallets still held 500 million XRP each from the Oct. 1 release — so, briefly, Ripple could hold 2 billion unlocked XRP. The pattern over the last 12 months: about 700 million from each release is immediately locked up again, making the net increase around 300 million (other reports put the amount relocked at 600–800 million).

My opinion: That 1 billion figure isn’t a supply shock or a sell signal — unlocking escrow isn’t the same as selling. What really matters is how much gets locked up again this time. As long as that relocking pattern holds, the net effect is much smaller than the headline suggests. XRP itself is steady around $1.25 this afternoon, so the market seems to be treating this as routine, not a surprise.

What I’m watching: How much of today’s release gets locked up again, and whether U.S. spot XRP ETF flows help absorb it.

What do you think — are monthly releases like this still worth making a fuss about, or have they become a calendar event we can ignore?

This is my analysis, not financial advice — always DYOR.

#XRP #Ripple $XRP