XRP Supply Shock Ahead? ETFs Could Consume It All, Analyst Predicts
A new projection from an XRP analyst is drawing fresh attention to how quickly spot ETFs could gobble up available tokens if heavy inflows persist. Related Reading: With 42% Of XRP Holders Underwater, Analysts Say The Altcoin Could Crash Even Further The numbers in the model are simple and large, and they force a straightforward question: what happens if steady ETF buying meets a limited public supply? ETF Flows Could Outrun Supply According to analyst Chad Steingraber, one XRP ETF might average $90 million in daily inflows. Multiplying that by 12 ETFs and the result is $1.08 billion each....
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Crypto pundit Cobb has explained why a supply shock could be imminent for XRP. This follows the launch of two ‘33 Act XRP ETFs, including Bitwise’s fund, with more set to launch next week. Why XRP Could Soon Witness A Supply Shock In an X post, Cobb declared that a supply shock is coming for […]
A leading market expert argues that most investors misunderstand what would need to happen for an XRP supply shock to unfold. The analyst stressed that a true supply shock is driven by measurable XRP absorption, with early signs showing how quickly tokens are removed from circulation relative to how quickly they return. How A Real […]
A crypto pundit has highlighted how the XRP circulating supply is becoming increasingly scarce. With large chunks of tokens locked in various channels and restricted from active circulation, the analyst argues that the market may be preparing for a serious supply shock. Analyst Claims XRP‘s Supply Is Running Thin A crypto market expert, identified as […]
Crypto analyst Jungle has revealed what to expect if the SEC approves the XRP ETFs. He predicts that these funds could have a similar effect on XRP, just the way the Bitcoin ETFs did on BTC. What Happens If The XRP ETFs Get Approved In an X post, Jungle stated that if a spot XRP […]
The "Whales Supply Shock" metric has been pretty accurate in detecting Bitcoin market tops. Bitcoin's (BTC) biggest investors have been lately upping their reserves in sync with the ongoing price recovery, one Glassnode metric suggests.Dubbed as "Whale Supply Shock," the on-chain indicator represents the ratio between the amount of Bitcoin held by "whales" and "fishes." Whales represent addresses that hold between 10,000 BTC and 100,000 BTC, while fishes are those that hold anything between 0.001 BTC and 1,000 BTC.A rising Whale Supply Shock reading indicates a higher degree of....