📈EJ JOHNSON📈XRP🪝

$XRP MONEY WATCH BNY opened its Digital Asset Custody platform to $XRP and RLUSD for institutional clients. Ripple also received final OCC approval for Ripple National Trust Bank. Once it’s operational, the bank will manage the reserves behind RLUSD and can offer fiduciary digital asset custody. BNY already holds the RLUSD reserves. Direct minting and redemption through BNY is also being worked on, along with tokenized trade finance on XRPL with C2FO. That part is still exploratory. The U.S. spot $XRP ETFs had a $3.6 million outflow on October 26, all from Bitwise. The other funds were flat. Total assets are around $1.47 billion with cumulative net inflows still around $1.80 billion. RLUSD is around $2.58 billion total, with about $999 million on XRPL and around $1.58 billion on Ethereum. $XRP is around $1.32 today, up about 1.5% over the last 24 hours with roughly $1.5 billion in spot volume. Funding is positive, open interest isn’t showing anything unusual, and there wasn’t a major liquidity event overnight. The Fed decision comes tomorrow. Rates are still 3.75% to 4.00%, the 10 year is around 4.99%, and the 2 year is around 4.71%. That’s $XRP MONEY WATCH.

$XRP LEDGER CHECK Something very different showed up on XRPL yesterday. About $49.7 billion worth of $XRP moved between addresses on October 19. The same metric had been around $800 million on the days before that. That’s a massive jump, but before anyone runs with it, that doesn’t mean $49.7 billion of new money bought $XRP. It just means that much $XRP moved. Normal payment volume has actually been pretty light. October 17 finished around 119.5 million $XRP in successful payment volume, compared with a recent 30 day average around 629 million $XRP. So there was a huge jump in $XRP moving between addresses without the same jump showing up in normal payments. There was also a big wallet move early today. A new address received 82,314,668 $XRP, worth about $106 million at the time. That transfer activated the wallet, and more than 12 hours later the full amount was still sitting there. Neither wallet is labeled, so I’m not calling it accumulation, an exchange move, or institutional activity. We know 82.3 million $XRP moved into a new wallet. That’s it. The network is running normal. Ledgers are closing in about 4.1 seconds, load is low, and around 3,145 new accounts were created over the latest 24 hours. fixCleanup3_4_0 is still at 29 of 35 validators. Nothing changed there, so I’m not recycling the same countdown again. $XRP is trading around $1.30 to $1.33 this morning, up about 1.5 to 2.5 percent over 24 hours after dipping near $1.26 yesterday. $49.7 billion in $XRP changed addresses in one day, and another 82.3 million $XRP landed in a brand new wallet this morning. We know it happened. We don’t know who moved it or why.

I’ve got something very important coming soon for the $XRP community. Some information that I believe deserves everyone’s attention, and I’ve got the receipts to back it up. Stay tuned, frens.