As reported by The Crypto Basic, Jake Claver, CEO of Digital Ascension Group, has warned that a major XRP supply crunch may occur sooner than expected, potentially triggering significant price movements. He noted that XRP spot ETFs are rapidly absorbing OTC and dark-pool liquidity, with about 800 million XRP already absorbed in the first week of activity. Claver estimates that between 1 billion and 2 billion XRP were initially available in these private liquidity venues. He also highlighted that the largest ETF issuers, including BlackRock, Vanguard, and Fidelity, have not yet entered the market, and their participation could intensify the demand. As OTC supply dwindles, Claver expects ETFs to shift to public exchanges, leading to increased volatility. He cited Kraken’s recent XRP price spike to $91 as a potential preview of what could happen when liquidity becomes thin. Other XRP commentators, such as Chad Steingraber, agree that ETF demand is the fastest path to a higher XRP price. Steingraber noted that ETFs have accumulated over 300 million XRP, with total assets reaching $676.49 million in just nine trading days.
Jake Claver Predicts XRP Price Volatility as ETFs Deplete OTC Liquidity
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