XRP Supply Shock Incoming? Expert Reveals The Truth

A fresh “XRP supply shock” narrative has been making the rounds on X, with several large accounts circulating a Glassnode chart of exchange balances and arguing ETFs are rapidly draining liquid supply. An XRP Ledger dUNL validator, however, rejected the premise outright, saying the numbers and the market structure don’t support a true allocation squeeze.
One widely shared post came from @unknowDLT, who wrote on Dec. 27: “XRP ETFs are absorbing supply fast. With only ~1.5B