Ripple to Unlock 1 Billion XRP From Escrow on November 1

Ripple is set to unlock 1 billion XRP, valued around $2.5 billion, from escrow on November 1, adhering to its standard monthly liquidity management schedule established in 2017. Typically, Ripple re-locks 70-80% of this amount, releasing only 200-300 million XRP for operations, sales, or ecosystem support. While analysts expect minimal direct price impact due to the high re-lock rate, traders will monitor the exact amount re-locked as a signal for Ripple's future liquidity strategy. The event occurs amid broader positive momentum for Ripple, including its venture Evernorth planning a major IPO and institutional adoption efforts in Japan. Furthermore, the article touches upon a community debate regarding XRP's circulating supply calculation, with former CTO David Schwartz clarifying that escrowed XRP cannot circulate until released, although rights to future releases can be sold.

(Source：BeInCrypto)