Ripple Unlocks 1 Billion XRP in Four Escrow Transactions Worth $1.49B

1 Billion XRP Leaves Escrow

Ripple released 1 billion XRP from escrow on Thursday, October 1, in four on-ledger transactions that on-chain data values at roughly $1.49 billion. The transfers moved 400 million, 300 million, 200 million and 100 million tokens in rapid succession, filling the maximum monthly allocation the escrow program allows in a single cycle. The release landed while the XRP price pressed against resistance near $1.50, so supply expectations and chart structure arrived together for traders. On-ledger records confirm what happened but stay silent on what comes next: the tokens left escrow on October 1, 2026, and no sell order is visible on the ledger itself. A widely circulated tracking post documents the sequence, listing four unlocks totaling 1 billion XRP. The arithmetic matches the tape: $1.49 billion for 1 billion tokens implies about $1.49 per XRP, close to the level price was testing. Because the monthly cycle is scheduled, the event was expected in shape if not in pace; executing the full allocation within minutes is what made the release stand out. The pace, not the size, was the surprise. Tokens held in escrow sit outside the circulating supply traders can actually buy, so the $1.49 billion figure measures gross availability rather than tokens that entered the market. Liquidity is the practical channel through which an unlock of this size matters, since the schedule guarantees availability rather than deployment. For XRP holders, the immediate tension is straightforward: new supply capacity arrived at the same moment price was fighting a resistance level. On the day, the unlock ranked among the largest supply events across the Altcoin market, and discussion of the XRP escrow program quickly turned to the question the ledger cannot answer on its own: whether Ripple keeps the tokens, deploys them, or sends them back under contract.

@OnchainLens · X post

Four unlocks totaling 1 billion XRP.

View on X

55 Billion in Escrow Since 2017

Ripple's own description of the escrow system dates the framework to 2017, when the company locked 55 billion XRP, about 55% of the maximum possible supply, into on-ledger contracts that allow up to 1 billion tokens to become available each month. The schedule caps how much can be released in any cycle, and it also leaves several steps between an unlock and actual selling pressure. Tokens can sit unlocked yet still under Ripple's control, be reserved for operational needs, or return to fresh escrow contracts, outcomes the release itself does not reveal. Previous monthly cycles included substantial re-escrowing, so the gross number has repeatedly overstated what actually changed hands. The evidence that would settle this tranche is the next on-ledger movement showing how much goes back under contract or otherwise transfers. Until that record appears, the news number describes XRP made available, not a verified measure of new market supply.

The chart adds a second layer of conditionality. The four-hour structure is bearish, with the 50-period EMA sitting near $1.50 and capping price, the MACD showing a death cross, and the RSI at 44.56 holding neutral rather than oversold. Resistance sits near $1.52 with support near $1.47, a broader $1.47–$1.50 zone just below price and the 200-period EMA near $1.41 guarding a deeper $1.41–$1.45 region. A hold of the $1.47–$1.50 band keeps the setup intact; losing $1.47 opens the deeper region, while a push above roughly $1.52 would challenge the bearish reading. Analysts mapping upside had earlier identified a $1.54 breakout trigger with a 10% rally target, a level that now sits just above the EMA cap. The unlock also arrives after a strong quarter, with XRP posting a 48% Q3 gain, its best third quarter in four years, before this supply event reset the conversation.

Escrow Schedule Sets the Next Test

The load-bearing record here is the ledger itself: four unlock transactions dated October 1, together reaching the cycle's 1 billion ceiling. That much is fixed fact. The 2017 framework permits up to 1 billion XRP out per month, and the disposition of this tranche is not yet visible in any record we can verify. Our reading is that the actionable signal comes with the next on-ledger movement, when re-escrowing or deployment shows up on-chain. XRP's market weight, placed near 6% of Bitcoin's market cap in Grayscale's 10-token currencies sector, is why that disposition matters beyond a single unlock. Until then, the October release stands as supply made available, not supply sold.