Ripple unlocks $1 billion XRP worth $2.5 billion; What next?
Cryptocurrency Nov 2, 2025 Share
Blockchain firm Ripple has unlocked its scheduled XRP from escrow, a move likely to impact the token’s price.
According to data from on-chain tracking platform Whale Alert, the company unlocked 1 billion XRP, valued at approximately $2.5 billion, as part of its long-standing monthly escrow routine on November 1.
Shortly after the unlock, Ripple relocked 700 million XRP, worth about $1.75 billion, back into escrow through two separate transactions, one of 500 million XRP and another of 200 million XRP.
XRP unlocks by Ripple. Source: Whale Alert
Additionally, 500 million XRP was moved to unknown wallets, a step that typically precedes market-related operations such as institutional transfers or liquidity management.
Notably, the XRP escrow system ensures transparency and predictability in supply, with Ripple releasing about 1 billion XRP each month for operations, partnerships, or liquidity purposes.
Attention now shifts to whether XRP’s price will react to the newly available tokens. Notably, past unlocks have had little impact on the asset, which is currently consolidating around the $2.50 level after a period of significant capital outflow.
XRP price analysis
By press time, XRP was trading at $2.53, having rallied almost 1% in the past 24 hours, while on a weekly basis the asset has dropped more than 4%.
XRP seven-day price chart. Source: Finbold
Meanwhile, on-chain data from Glassnode’s Cost Basis Distribution Heatmap shared by crypto analyst Ali Martinez on November 2 shows that XRP is currently consolidating below major resistance levels at $2.80 and $3.00, with significant supply clustering near those price points.
Cost Basis Distribution Heatmap. Source: Glassnode
The heatmap indicates that many holders acquired positions in this range, suggesting potential selling pressure if prices retest those levels.
On the downside, support remains strong around $2.15, where accumulation has been more pronounced, hinting that buyers may step in to defend that zone.
The pattern reflects a broader consolidation phase for XRP as investors weigh market direction following months of volatility. A breakout above $3 could signal renewed bullish momentum, while a drop below $2.15 might invite further downside risk.
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