Ripple Leaves October's 1 Billion XRP Unlock Untouched for 26 Days: Will Swell Week Change That?

What happened

Ripple opened its Swell 2026 event in New York on Tuesday, October 27, one day after final OCC approval for its national trust bank. The 1 billion XRP Ripple unlocked from escrow on October 1 has still not left its wallets after 26 days.

Confirmed

Global impact / market context

XRP has fallen 15.8% in a month, so a large unlocked supply staying put suggests Ripple is not selling it now. That removes a possible source of selling pressure, though the coins remain available to move at any time.

Analyst inference

Wallets holding at least 10 million XRP now control 46.87 billion tokens, about 68.5% of supply, the highest share since November 2022. XRP trades at $1.29, up 0.3% in 24 hours, on $1.35 billion in volume.

Analyst inference

What to watch

1. Ripple's national trust bank will hold reserves behind the RLUSD stablecoin and keep digital assets in custody for institutions, without taking deposits or making loans. Confirmed
2. Watch whether Swell week announcements lead Ripple to move any of the untouched 1 billion XRP from its wallets, which would change how much supply is available to trade. Proposed
3. Watch whether large holders keep accumulating XRP, since their 68.5% supply share is the highest since 2022 and shows whether big investors remain confident during the price decline. Analyst inference

Affected assets

• XRP — XRP

Evidence

• 99bitcoins.com