Ripple (XRPUSD)

[GreedyAgorist]

I believe Q1 escrow release was 700 million. That number went up to 900 million in Q2, and back down to 700 million in Q3, for an average of 255.556 million per month, meaning it is taking a third of the year to release a billion XRP.

This is good news/bad news. Good news they did not release the full billion, because that would be too much right now; the remaining 70% or more went back in for another 55 months. The bad news is there has only been demand for 23 to 30% of what is available from escrow every month. We have a ways to go before demand outstrips supply.

This has kept the price nearly unchanged since the beginning of the year, but within that time, there have been peaks and valleys... so, while the accumulation period continues, traders have also been able to trade.