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133M XRP leave exchanges as Ripple releases $1.25B from escrow in November

Market News
01 Nov 2026, 18:20 WIB
Coinpaper
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Neutral
133M XRP leave exchanges as Ripple releases $1.25B from escrow in November

Exchange wallets saw a net outflow of 133 million XRP in the week ending October 31, just before Ripple released 1 billion XRP from escrow on November 1. This release lowered Ripple's locked XRP from 31.4 billion to 30.4 billion tokens. Despite the large escrow release, XRP balances on exchanges fell, indicating complex movements rather than direct selling pressure. XRP traded near $1.25 after an 18% drop in October, with institutional demand and ETF inflows providing some price support amid ongoing market activity.

XRP holds a market cap of Rp1.435,37 trillion on Pluang as of November 1, 2026, with a 24-hour trading volume of Rp14,48 trillion. Despite the large escrow release by Ripple, XRP's price on Pluang remains stable at Rp22.710, showing a minimal 0.01% change in one day. The platform data also indicates a balanced order activity with 53% selling and 47% buying, and investors typically hold XRP for about 73 days, reflecting steady interest amid the recent token movements.

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