Pinned Tweet
Millions flowing into Grayscale’s XRP fund sounds bullish at first glance but then you look at what happened next
A $16.8M market hit was enough to wipe out that recovery almost immediately and to be sincere, that's what actually caught my attention
An inflow into an XRP investment product doesn't automatically mean the entire market has suddenly turned bullish. There can still be serious selling pressure underneath the surface.
So now the question isn't simply, “Did investors buy XRP?”
I'm more interested in who is buying, how large these allocations are, and whether we're actually seeing a sustained trend because if more capital keeps flowing into XRP exposure while that selling pressure starts getting absorbed, that's a very different picture from one large allocation followed by another sharp move in the opposite direction.
That's why I'm less interested in celebrating one big inflow and more interested in what happens next.
Was this just one large allocation, or are we starting to see a broader bid for XRP?
This is exactly the path I'm looking towards
Disclosure: I contribute to @xora_finance
Are you ready for this next week? 🔥
The Seed Stage goes live next week.
Buy $SPHERE. Build cells. Accumulate energy.
Genesis Crew entries are still open: projectsphere.xyz/
