California, USA
Joined May 2008
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ChrisL retweeted
HUGE news! @Ripple just received conditional approval from the @USOCC to charter Ripple National Trust Bank. This is a massive step forward - first for $RLUSD, setting the highest standard for stablecoin compliance with both federal (OCC) & state (NYDFS) oversight.
To the banking lobbyists โ your anti-competitive tactics are transparent. Youโve complained that crypto isnโt playing by the same rules, but hereโs the crypto industry โ directly under the OCC's supervision and standards โ prioritizing compliance, trust and innovation to the benefit of consumers. What are you so afraid of?
ChrisL retweeted
The new Bored Ape Yacht Club store is here, open year-round for the first time.
Everyday classics, seasonal member-exclusive drops, and no more waiting for the next merch window.
Opens December 10th.
ChrisL retweeted
๐จ๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐๐๐๐: ๐๐ฑ๐๐ก๐๐ง๐ ๐ ๐๐๐ฅ๐๐ง๐๐๐ฌ ๐๐๐๐๐๐๐๐ ๐๐% ๐ข๐ง ๐๐ ๐๐๐ฒ๐ฌ ๐ณ๐ฅ
Fresh data shows total $XRP on ALL exchanges has fallen from ๐.๐๐๐ ๐ญ๐จ ๐ฃ๐ฎ๐ฌ๐ญ ๐.๐๐ ๐ฌ๐ข๐ง๐๐ ๐๐๐ฉ๐ญ๐๐ฆ๐๐๐ซ.
Thatโs ๐.๐๐ ๐๐๐๐๐๐๐ ๐๐๐ ๐ซ๐๐ฆ๐จ๐ฏ๐๐ from public order booksโฆ ๐ข๐ง ๐ญ๐ฐ๐จ ๐ฆ๐จ๐ง๐ญ๐ก๐ฌ. ๐คฏ
This is the sharpest drop in yearsโฆ and itโs happening exactly as ETF demand begins to build. ๐
๐ต ๐๐๐ฉ๐ญ ๐๐: 3.95B $XRP on exchanges
๐ต ๐๐จ๐ฏ ๐๐: 2.6B $XRP on exchanges
โก๏ธ A ๐๐% ๐๐จ๐ฅ๐ฅ๐๐ฉ๐ฌ๐ in available sell-side liquidity
With supply drying up, even normal buying pressure has been moving price faster. ๐๐๐ ๐๐๐
๐ข๐ง๐๐ฅ๐จ๐ฐ๐ฌ ๐จ๐ง ๐ญ๐จ๐ฉ ๐จ๐ ๐ญ๐ก๐ข๐ฌ?
Yeahโฆ this is how real supply shocks start. ๐
ChrisL retweeted
I'll take XRP for $1000, Bob
ChrisL retweeted
Supply shock.
๐จ XRP ETFs HIT $666.6 MILLION!
U.S. spot XRP ETFs pulled in roughly $666M in November, despite launching only two weeks ago.
$XRP is also up 16% in the last 7 days since Franklin and Grayscale launched their products.
ChrisL retweeted
JUST IN: ETF clients buy $21.81 million worth of $XRP.
Total XRP assets held by ETFs - $676.49 million.
ChrisL retweeted
๐จ UPDATE: Binanceโs XRP reserves have fallen to about 2.7B, one of the lowest ever, as steady outflows show investors pulling tokens off the exchange.
ChrisL retweeted
๐ INSIGHT: $XRP RESERVES PLUMMET ON BINANCE
Binance reserves are dropping fast as long-term and institutional buyers accumulate XRP.
Long consolidation periods in XRP followed by squeezes above key moving averages have historically been followed by strong moves.
The most recent reading shows reserves near 2.7B XRPโ down sharply from early October levels.
Typically, shrinking exchange balances signal that long-term holders and institutional buyers are absorbing supply faster than traders are returning it to the market. This trend aligns with increased spot #XRP ETF inflowsโ which logged more than $21M in inflows on Wednesday.
Chart: Crypto Quant
ChrisL retweeted
Are we seeing BTC money rotating into XRP? ๐๐ฅ
A massive transaction just hit the XRPL: 110,193,345 XRP moved in a single transfer.
Sent from BTC Markets processed for just 0.01 XRP in fees.
XRPL doing what it does best: speed, scale, efficiency. โก๏ธ
ChrisL retweeted
OHHHHHHHHHHHHHHHHHHHHH FUGGGGGGGGGGGGGGGGGGGG
RLUSD JUST GOT APPROVED AS COLLATERAL IN ABU DHABI
BIG BANKS CAN NOW BORROW BILLIONS USING IT AS SAFE, REGULATED BACKING
RLUSD IS NOW AN ACCEPTED FIAT-REFERENCED TOKEN FOR LENDING IN THE UNITED ARAB EMIRATES
๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ
Another milestone for @Ripple here in the Middle East: $RLUSD is now approved for use as lending collateral within @ADGlobalMarket
This year has seen some awesome momentum for Ripple in the Middle East.
Canโt wait to keep building on these solid foundations as we head into 2026! ๐
ripple.com/ripple-press/rlusโฆ
ChrisL retweeted
Short term - hereโs what I see happening.
During ETF trading hours, the price goes up.. doesnโt need to be a ton, like .10c to .20c which makes the performance of the XRP ETFโs look phenomenal.
Then, like now.. after hours it goes flat OR even dumps. But we go right back up for the next trading day.
This builds up momentum and the narrative for a full price explosion in a few months or less.
