XRP News Today: XRP Supply Shock Reported as False Due to Data Error

币界网报道:Ripple's XRP supply shock reports have been debunked as false due to a data error, according to blockchain analytics platform Santiment. Earlier claims suggested a significant reduction in XRP supply, potentially leading to price volatility, but Santiment clarified that the anomaly resulted from incorrect tracking of XRP's escrow system. The platform explained that its algorithms mistakenly interpreted Ripple's monthly escrow releases as supply shocks, when in reality these were scheduled token unlocks. This clarification comes amid heightened market sensitivity around XRP's circulating supply, especially following Ripple's partial legal victory against the SEC last year. Santiment has since corrected its data visualization and emphasized the importance of accurate on-chain metrics for cryptocurrency analysis. The incident highlights ongoing challenges in tracking token supplies for projects with complex release mechanisms like XRP, which maintains a programmed escrow system controlling over half its total supply.

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