4 Million XRP Unlocked From Escrow Ahead of XRP ETF Launch
On Monday, November 10, on-chain records show 4,000,000 XRP — roughly $10.1 million at current prices — were released from Ripple’s escrow and transferred to an address that hasn’t been publicly identified. The timing is significant given the imminent XRP ETF launch, an event that has already tightened focus on liquidity and large token movements.
Escrow unlocks are routine, but an unknown recipient increases uncertainty: if the funds land on exchanges or in the hands of profit-taking actors, they could create short-term sell pressure and blunt ETF-driven bullish momentum. Traders and analysts will be watching exchange inflows, whale transfers, and order-book depth in the coming days to gauge whether this unlock alters market dynamics ahead of the ETF debut.