币界网报道：A U.S. judge has denied Ripple Labs' motion to seal financial documents in its ongoing SEC lawsuit, potentially exposing sensitive revenue data from XRP institutional sales. The ruling comes as analysts warn of a possible XRP supply squeeze, with circulating supply dropping to 55% of total tokens amid declining exchange reserves. Ripple had argued for confidentiality to protect business relationships, but Judge Sarah Netburn found the information "judicial documents" subject to public access. Meanwhile, XRP's price showed resilience, briefly surging 4% before settling at $0.53 as traders weighed the legal developments against tightening supply conditions. The case continues to be closely watched as it may set precedents for how regulators treat cryptocurrency sales to institutional investors.