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XRP changed hands near $1.27 on November 4, 2026, after touching $1.29 in the prior 24 hours and starting the month around $1.25, according to crypto.news. The token’s seven-day performance was a loss of roughly 3.8%, leaving the recovery well short of repairing October.
crypto.news reported that XRP shed close to 16% during October, which means a full reversal would need a gain of about 19% — one divided by 0.84, minus one. A shift from $1.25 to $1.30 amounts to a 4% move: enough to alter short-term positioning, not enough to undo a month of that size.
Also readRipple Unlocks 1 Billion XRP from Escrow as Price Holds Near $1.25
Key facts
- XRP traded near $1.27 on November 4 with a 24-hour range of $1.24 to $1.29 and an approximately 3.8% seven-day decline.
- US spot XRP ETFs took in $18.83 million in October but logged $529,510 in net withdrawals on November 2, against about $1.42 billion in combined assets.
- Ripple’s November 1 escrow release made 1 billion XRP available, a notional $1.27 billion at a $1.27 reference price; the release is not evidence of a sale.
- BNY expanded XRP and RLUSD custody to eligible institutional clients on October 27, with Ripple citing further work on tokenised trade finance.
- Santiment counted 7,934 new XRP wallets on November 1, an address-creation figure rather than a count of new buyers.
ETF flows and the limits of the aggregate
The October subscription total is a positive for the demand case, but it covers only one route into XRP. Holders can sell on exchanges, trade derivatives, or transact outside the venues in a retail price feed, so fund inflows and a falling token price can describe the same month without contradicting each other.
The pattern was already softening before November. XRP funds lost about $1.84 million on a net basis during October 12–16, ending 13 straight weeks of positive flows. The November 2 outflow of $529,510 works out to roughly 0.037% of reported fund assets — small in isolation, but a single session cannot establish whether the earlier slowdown was temporary. Switches between issuers can also inflate activity while leaving the category total near zero.
Also readFarina: Brandt Ignores XRP's 100 Billion Supply Cap
Bitwise’s fund page listed about 415.37 million XRP, $529.82 million in market value and 11.162729 XRP per share as of November 2 — holdings at a date, not daily purchases. The site states its shares are not a direct claim on XRP and that the fund is not registered under the Investment Company Act of 1940.
Escrow supply and custody access
The 1 billion XRP unlock is an availability event. Coins can be re-locked, held in a company wallet or transferred under a commercial arrangement, and each step carries a different implication for tradable supply. crypto.news illustrated the point with hypothetical re-locks: leaving 200 million or 400 million XRP outside new locks would mean $254 million or $508 million at $1.27, without showing that any of it was sold.
Dividing the $18.83 million in October flows by $1.27 gives about 14.83 million XRP, but that figure mixes periods and prices and should not be netted against the unlock.
BNY custody, announced October 27, removes an operational hurdle for institutions. It does not disclose how much XRP clients have purchased, and an existing holding moved to a new custodian adds no net demand. XRP is not an equity claim on Ripple’s earnings, so service revenue and token demand are separate lines.
Why it matters
Round numbers like $1.30 draw attention, but crypto.news’s analysis makes the case that duration and participation decide whether a rebound holds. Leverage can lift a price before durable buyers arrive: with 5x leverage and fees ignored, a 2% move in XRP shifts a trader’s equity by roughly 10%. For an unleveraged holder of 1,000 XRP bought at $1.27, a sale at $1.30 is a $30 gross gain before costs — about 2.36%.
What to watch
Several US sessions of net ETF subscriptions, or a run of withdrawals, will test the demand thesis. The Bureau of Labor Statistics’ November calendar lists the October Employment Situation report for November 6 at 8:30 am Eastern, a dated risk event for crypto and other markets. Post-release escrow movements and exchange balances will show whether unlocked supply reaches trading venues.
This is analysis of market structure, not financial advice; crypto prices are volatile and uncertain, and no level discussed here acts as a guaranteed support or target.
Source: crypto.news
