Ripple monthly custody data strategy: The market previously used a baseline of relocking 1 billion XRP monthly, but in reality only 700 million was relocked. Of the other two transactions, one was marked as an internal payment rather than a market sell-off. This discrepancy implies that the real circulating supply increase is lower than expected, which theoretically should be a short-term mildly bullish signal.
In comparison to the current price: XRP is reported at $1.34, down 0.8% in the past 24 hours. The price reacts sluggishly to the “missing 300 million” lock-up, indicating that this event-driven strategy has become ineffective in the current market. Chasing the move based on the old logic would yield no benefit. Adjustment direction: downgrade the custody event from a trading signal to background context for holding positions, and focus on whether the recent support around 1.28 can hold. #XRP
In comparison to the current price: XRP is reported at $1.34, down 0.8% in the past 24 hours. The price reacts sluggishly to the “missing 300 million” lock-up, indicating that this event-driven strategy has become ineffective in the current market. Chasing the move based on the old logic would yield no benefit. Adjustment direction: downgrade the custody event from a trading signal to background context for holding positions, and focus on whether the recent support around 1.28 can hold. #XRP