XRP: Suspiciously Timed Activity & Separately A GREAT Mystery Revealed!

Added: 2026-05-28

[00:00:00]Welcome back to the channel. XRPL's ready to do something major. Solana has something major going on again. And then Bitcoin, what the heck is going on?

[00:00:09]We'll get to that in a moment. XRPL could close its its biggest gap if new AMM amendment passes. Let's read this little tidbit right here.

[00:00:18]XRP Ledger is positioned to close its biggest decentralized finances gap with a newly proposed draft amendment titled AMM swappable curves.

[00:00:28]Open by core developers Dennis Engel and Roman Thipt. Oops, sorry about that.

[00:00:33]Let me angle my my laptop a little bit better. Roman Thipt, spelled t h p t. Hopefully that's not a typo. If it is, my apologies.

[00:00:42]That's is coming from CoinDesk.

[00:00:46]This upgrade targets the protocol's lack of flexible capital efficient market making models, which has long hindered it it compared to rival DeFi chains like Ethereum and Solana.

[00:00:57]The core problem is being solved. While the XRPL introduce native automated market maker pools under the XLS-30 standard, it has been restricted to a basic constant product model.

[00:01:10]This rigid structure forces uniform liquidity deployment leading to high slippage and poor capital efficiency for specialized asset pairs. Concentrated liquidity models manage roughly 60% of all DeFi AMM AMM trading volume across the broader crypto space, an industry standard that XRPL has lacked.

[00:01:32]The proposed upgrade shifts the network to a pluggable curve architecture. When pool creator See, let let me just insert this little tidbit here. This little my little thoughts here.

[00:01:41]Um All of this, no doubt about it, great. You're repairing it. Very, very positive for the XRPL.

[00:01:51]But when it comes to who's primarily supposed to use the XRPL, who the XRPL was built for, it was built as what?

[00:01:58]What did What did they say? A better Bitcoin for who? A better It was built XRP was built to be a better Bitcoin for banks.

[00:02:08]So, when it comes to that, you know what the banks say? "Ooh, we saved the money."

[00:02:12]"Oh, it's so fast."

[00:02:15]Just like the Japanese banks told you.

[00:02:18]That's what they're looking at. They're looking at can you save us costs?

[00:02:22]Can you uh uh Can you help us reallocate funds? Can you help us loosen up this regular legacy nostro vostro? And can you help us loosen up this digital nostro vostro?

[00:02:33]It does both.

[00:02:36]And once they hear all of that, it solves all those problems and more.

[00:02:39]They're clapping their hands together like seals used to do in the cartoons.

[00:02:44]They're clapping their hands together.

[00:02:46]They're satisfied. So, sure, yeah, fix this up.

[00:02:50]Do a great job. That that makes it even better. So, sprinkles on top of an already delicious cake in my humble opinion. But, what's important to me?

[00:02:58]I'm not saying what's important to you.

[00:02:59]I'm not trying to superimpose my thoughts on you.

[00:03:02]I only represent myself. What's important to me is those banks continue to love XRP XRPL. So, then let's ask the question.

[00:03:09]Do they still love the XRP XRPL and XRP?

[00:03:12]Of course, they do. We just recently heard from them. We see these institutions building on the XRPL. We see them discuss Well, not only that.

[00:03:20]Let's put that to the side.

[00:03:23]We see the increased need for a neutral interoperability layer.

[00:03:29]And what's sad is the legacy system has completely kneecapped themselves. Boom.

[00:03:34]You know what I'm talking about kneecap?

[00:03:36]They have hindered their own progress and sabotaged themselves. Look at every major system that they have right now.

[00:03:43]That they tried to They thought that they were sneaking in the back door.

[00:03:47]They thought they were stealing the throne from DLT, the new financial system, by making their own blockchains, not realizing as I said they were not given the golden key.

[00:03:56]And how does how is that proven right now? They're all siloed systems. Swift system siloed.

[00:04:02]Europe is moving away from Swift. China is moving away from So, all the world powers are moving away from Swift. Even US banks don't really want to use Swift.

[00:04:08]That's why they're all praising XRP at Bank of America and etc. They're getting knee-deep with the XRPL and XRP things like that and XRP based companies which clearly they're nothing without XRP. So, if you're going to use their little products, you're going if you want the best of the best, you're going to have to slide over to XRP quietly later. So, you slipped in the back door. Well, we're going to use these stable coins. That sounds good to everybody else, but we really we know that if you want to save costs, you want to move and you want the absolute best, you want the the fastest moving of everything with efficiency, then you have to slide over to XRP. If not, then what's the point?

[00:04:43]You need and you need the interoperability and you want to control the liquidity because another part of this is they want control.

[00:04:50]Especially the the the the different degrees of medium-sized banks, the small banks, they want control. They want to cut the Pinocchio strings that the Fed and the larger banks have on them. You only do that with a neutral interoperability uh uh blockchain and you can build your private ecosystem. Who cares? There there can't be two XRP prices, right?

[00:05:10]So, there's going to be one. So, if they all use it or whether it's XRP or XLM or or Chainlink or Solana, what difference does it make? Most of us are are very diversified and these any of them win, we win, right?

[00:05:22]Which is the beauty of diversification and there's quadrillions on the line.

[00:05:26]There's enough to go around. The same way once again, let me iterate, the same way a Bank of America is thriving, a JP Morgan is thriving, and all of these institutions are thriving. There's not going to be one coin either either.

[00:05:37]There's going to be a multitude that explode in value in the future in my humble opinion, not financial advice.

[00:05:43]So, Swift system siloed, Fed system siloed.

[00:05:48]Who's going to use that? What is this Europe going to use that? They They just said in a multitude of ways they're moving away from US-based systems.

[00:05:56]They're afraid. We read the documents.

[00:05:57]They said it themselves multitude of times they're afraid of being sanctioned or cut off by the US because right now the US is beating his chest like King Kong.

[00:06:07]Right now the US is fired up and they're saying if you if you even dare go against us a little bit we're going to make you feel it in some kind of way. So, they're afraid of that.

[00:06:17]All right, so be it.

[00:06:19]So be it.

[00:06:20]More bullish for interoperability protocols, liquidity providers, neutral platforms that make it fair for everyone, not controlled by anyone. So, once more as we continue the list, Swift silo, Fed system, silo. They're not going to use that. China's not using that.

[00:06:39]Uh Europe is not using that. Europe is fighting itself in the open right now.

[00:06:43]Did you see the article that came out yesterday?

[00:06:46]You might say, "Well, yeah, I saw that article." Did you see the article that came out today?

[00:06:51]They're fighting so much within themselves between the the European Central Bank and the regular banks, they can't keep it out of the news.

[00:06:59]Um and they're they're weaponizing the the media using that to pressure the central banks and the politicians.

[00:07:07]All right, so be it. Not my fight. More bullish for interoperability >> [laughter] >> bank coins, more bullish for the new financial system.

[00:07:19]So, Swift silo, Fed silo. Let's add another one to the list.

[00:07:24]The BIS system, siloed.

[00:07:27]Did you read that?

[00:07:29]Oh, the BIS is in charge with seven other banks. What? And who's going to use that?

[00:07:33]And the BIS bends the knee if the if the US says sanction them and they bend the knee.

[00:07:40]And you're supposed to with the liability of you're you're a bank, right?

[00:07:45]With the liability that you hold with that value your your customers and clients gave to you, you're now putting that through their system where they said in that documentation that just came out that if you get sanctioned Yeah yeah, buddy, you're not going to be using the system.

[00:08:04]So what's the difference? Everyone's running scared of sanctioning.

[00:08:09]So why would you What's the point of this system?

[00:08:12]I don't It's siloed.

[00:08:16]It sounds good from the outside until you look at the details. Europe's running from sanctioning possible sanctioning of any kind.

[00:08:24]If ever it comes to that. Hey, I don't make Listen, that's what they're putting out there and they're showing You you will know them by their fruits, right?

[00:08:34]You see the fruit they're bearing.

[00:08:35]They're taking actions.

[00:08:38]Their actions speak louder than words.

[00:08:39]Let's Let's go by their by their actions. They're moving away from US-based systems. So they're running from it sanctioning. The China's running from sanctioning. The US definitely I don't know anybody's going to do that to US, but the US not worried about that.

[00:08:51]But they're running wild as well.

[00:08:53]>> [laughter] >> Right?

[00:08:55]They're not going to use each other's systems. So all the major systems are siloed. What connects them all together?

[00:09:02]So and not only that, then pairing together once again, they don't None of these institutions want to be told what to do by one figure anymore. That whole idea of central banks is weakening.

[00:09:14]That's why they're panicking. That's why everybody's going against them.

[00:09:17]US Treasury going against the Fed. You think that's not perfect timing with the I mean, everybody was going against the The regular banks were going against the Fed.

[00:09:25]Pulling reserves and other things. We're not going to touch on that right now. US Treasury was going against the Fed at simultaneously. You got the uh all the the going against the European Central Bank.

[00:09:38]We're not even going to touch on China.

[00:09:40]That's That's been well documented.

[00:09:43]Woah, the stuff that happened over there is is actually quite interesting.

[00:09:47]So, with all this infighting, they're going into or let me use this phrase and I it comes from wrestling. When someone does something not not the wrestling like I did like freestyle or scholastic, but like WWE type wrestling. In WWE type wrestling, which we that was it was the best ever was the attitude era. Wasn't I I know it's controversial. Stone Cold and stuff like that. Stone Cold was my favorite. Stone Cold, Goldberg, and then maybe after that like Rock and Ric Flair.

[00:10:12]Whatever. Anyway, they have a phrase called going into business for yourself.

[00:10:18]Perfect phrase. You know what that means? You don't follow the script anymore. It's all about you. You're going to make yourself look good.

[00:10:24]You don't care what they wrote up. You don't care that both of you are supposed to look good. No, you're going to make yourself look good and other guys are like, "Wait, what are you doing?" That's what banks are doing right now. Instead of following what the central banks are saying, they're going into business for themselves.

[00:10:39]Doing what's best for them. That's why they've they've drawn the line and said, "We're going to have our preferred DLT providers and there's nothing you can do about it."

[00:10:47]That's another thing about the silo BIS system.

[00:10:51]They're saying, "Hey, if you want to use our system, leave your It's so weird because they said it and they're saying two different things and it's confusing me. In the documentation that I saw, one, they they they they use this language as if they don't want you the the banks to use their preferred DLT providers, but connect only to their system. How does that work?

[00:11:13]So, you provide the technology, but let's just play that if that if I read that accurately. So, you provide the technology, BIS and these other seven banks that are in charge, the technology you're in charge of, and you want us to put capital in there knowing that if anything happens, it's going to fall back on us. If any mistake with your system happens, it's going to fall back on us. We take the blame and the and we have the problems.

[00:11:36]When we could have simply like what the I mean the Swift Swift the Fed in Europe Europe is doing.

[00:11:42]Everyone over in all on those sides is just using those systems is building a connector piece.

[00:11:50]So you get to use your preferred DLT provider. Why? Cuz every bank is different.

[00:11:54]So they they're going to have customized systems.

[00:11:57]Which is what many of the documents coming out right now are all talking about. Well, they love the customization, right? That's why they're building on all these bank uh new financial system bank coin blockchains cuz the customization.

[00:12:10]And the speed and the saving of cost everything is better.

[00:12:14]So then you're siloed in that way cuz who's going to give up their customization to be a part of to use your system?

[00:12:22]Then it was confusing cuz they didn't elaborate enough. Are you Are they just talking about the front and middle end type stuff and not the back end cuz usually on the back end the banks are handling all that anyway. Personally, preferred DLTs which means like XRPL, Chainlink, Solana, it's going to be conglomerations of all of them. They all do different stuff. There's not going to be one for one like one bank coin blockchain for one bank. No, they're going to probably use like three or four all for different stuff.

[00:12:46]Which is what we've been seeing.

[00:12:48]So I didn't understand that either. They got to elaborate a little bit further or perhaps I need to read just a little bit deeper. Not in those documents but maybe some other documents so they can clarify. That's a But as of now that's a silo system.

[00:13:04]So once again, that's super bullish for the new financial system. They're just They're going into business for themselves. It's every man every woman woman for themselves if we apply that to financial institutions, right? Um so they're fragmenting their own system that has to be glued together.

[00:13:24]Hey, I didn't tell them to do it do it.

[00:13:26]I'm here for that bank money. Let them.

[00:13:29]Never get in the way this is I forgot who said it. Maybe it was Sun Tzu or Machiavelli, I don't remember. Never get in the way of your enemy when they're making a mistake.

[00:13:40]They're making a lot of mistakes. That greed is a blinder. It blinds you.

[00:13:45]All they can see is power. They want to maintain that position. They're making a lot of mistakes in my humble opinion.

[00:13:51]All right. So now let's move on from there. Let's go here cuz I want to get in a little bit of a I have some Solana news for you. I got some Bitcoin news for me. I have some gold news for you.

[00:14:00]All right. Listen, just because the title says XRP such and such and doesn't mean that's the only thing that we're going to cover. Sometimes I'm heavier on the XRP cuz a lot of XRPL stuff comes out. They have news just coming out. I love it.

[00:14:12]Um but I'm I have cycles and now I'm going back to the cycle where I'm trying to diversify cuz uh uh there's been a lot of interesting stuff happening on other uh bank coin blockchains. So now here Solana news.

[00:14:25]This article is titled Solana privacy layer Umbra launches confidential vesting with StreamFlow.

[00:14:32]Let's find out what that's about.

[00:14:34]Solana privacy protocol Umbra has officially partnered with token distribution platform StreamFlow to launch a confidential vesting feature.

[00:14:44]Directly targeting the massive $97 billion crypto token unlock market.

[00:14:49]Good.

[00:14:50]Listen, I know this is where you're starting. This is a beginning.

[00:14:54]Bring all of that to Solana. Do us all the favor. But I know you're already going to do that cuz that's just doing good business, right?

[00:15:00]Let's continue on here. Announced on May 26th, 2026, this integration allows blockchain projects to encrypt sensitive token uh allocation details on Solana's public ledger.

[00:15:13]The contract level privacy layer completely encrypts token unlock schedules, allocation sizes, and recipient wallet addresses.

[00:15:22]Token transfer If you're a politician, just some just find out if some people are just relaxing and chilling and leave them alone, please.

[00:15:29]All right, thank you.

[00:15:30]Token transfers settle seamlessly on Solana without exposing underlying just distribution parameters to the public mempool. Almost said mean pool. My my apologies. Mempool or on-chain analytics tools. StreamFlow users can still enforce complex programmatic rules such as time locks or price triggered unlock conditions while maintaining complete privacy.

[00:15:56]Each vesting plan Each vesting plan channels tokens into Umbra's shared anonymous liquidity pool strengthening network-wide anonymity.

[00:16:09]Standard crypto vesting contracts execute transparently on public ledgers.

[00:16:13]This transparency allows sophisticated traders to track precisely when team investor tokens unlock. Traders frequently use these public supply signals to build short positions or front run the market creating structural selling pressure that devalues the project's token and harms retail holders.

[00:16:32]By hiding these schedules, Umbra and StreamFlow effectively eliminate this vector for market manipulation.

[00:16:40]Oh, interesting. Okay. Wow.

[00:16:43]That was the most interesting part. I mean, besides this is just bullish for Solana and a lot of value may come to it over the years because of such if it goes successfully. But why don't you put that part at the top the top article writer? So, now we're going to get you a little bit of Bitcoin news and I thought that this was This is a strange happening. I'll tell you that much.

[00:17:02]Very strange. Um This article is titled Bitcoin news today is from Yahoo Finance if I didn't say that already. Unexplained $8 million Bitcoin burn. $8 million?

[00:17:16]Whale permanently destroys Bitcoin supply, but why?

[00:17:20]And I I really really hope when I when I was reading this, I was just glossing over it very very quickly. Um I was hoping it wasn't some sort of like mistake or some kind of glitch, you know, in whatever they're using, but let's read this little tidbit here.

[00:17:34]Five Bitcoin addresses all created on April 10th, 2014 simultaneously transferred a combined 107 BTC worth approximately 8.2 million dollars at prevailing market prices to well-known burn addresses.

[00:17:51]What?

[00:17:53]On Monday.

[00:17:56]Glitch?

[00:17:57]Mistake? Revenge? Somebody like, "Oh, I know this password." Or they cracked something and like, "I'm going to delete this Bitcoin as revenge." Like I I mean 8.2 million dollars. Who would just Don't get me wrong. Like, "Oh, but there's a Maybe somebody had a lot of capital. They don't care. They could just burn it." What?

[00:18:16]I don't know. 8.2 million?

[00:18:19]No. Mhm. Well, let's continue on here.

[00:18:22]Um but I have my speculations. Let's continue. It says to the well-known burn address, I'm not listing all those ones.

[00:18:28]It's insane how long this address is.

[00:18:33]Hey, what's going on with my uh Oh, that's what happened. They're loading up an ad. I'm not mad at that.

[00:18:38]Make your money, but it caused a little bit of pause in the video as that ad loaded up. It's like a It refreshed It refreshed.

[00:18:45]Um so, permanently removing the funds from Bitcoin circulating supply in a move that on-chain analyst Sonny Sonny EXP was among the first to flag publicly.

[00:18:57]The synchronized timing, identical uh transaction construction, and deliberate lock time parameters ruled out coincidence almost immediately, right?

[00:19:06]So, then why did it happen? What No I don't think anyone would just burn 8.2 million dollars.

[00:19:11]Even if there is a group and they're putting it all together, it's still that's $8.2 million for what purpose?

[00:19:16]But if it's revenge or something else I don't even want to say then they might.

[00:19:24]So sending observers across X into a cascade of competing theories about right, a motive, identity and intent, right. Okay, so why don't you say what the people on X are saying about this or so we can sort of cuz some of us are not on X and so maybe we can come up with some ideas together.

[00:19:42]So we suspect somebody's like get on X.

[00:19:43]I Once I lost access to that account, no I'm I'm not doing it all over again. No.

[00:19:48]No. And I don't have access to that account. That's it. That's it. I'm so that's just how I feel. Yeah, I have to move forward with life. I'm not saying for you to do that. I'm not saying for people to not be on X at all. People do what they want, but I'm just saying I'm not starting another account. So now we suspect this is a less a story about dramatic mystery burn and more a structural signal about the the deepening sophistication with which long dormant Bitcoin holders, whether individuals, collectives or automated systems are engineering irreversible exits from the network.

[00:20:20]What do you mean by that? How would that engineer it irreversible? They burned their Bitcoin.

[00:20:25]It's gone. What do you mean irreversible exit? You said they burned it.

[00:20:29]What am I missing?

[00:20:32]Let's continue.

[00:20:33]The mechanics matter more than the motive and the on-chain record is unusually unusually legible. All right, well explain why you believe that is some irreversible is supposed to cause something. They just burned some Bitcoin. $8.2 million worth. Why not just sell it and and why not just liquidate it? Take that capital, rotate it into something else.

[00:20:53]The mechanism functions as follows.

[00:20:55]Bitcoin burn address such as long address sometimes referenced in community shorthand as a Bitcoin eater is a valid format address for which no corresponding private key exists, or can be derived, meaning any BTC sent to it is provably and permanently uns- unspendable under Bitcoin's current cryptographic rules. Okay. All right.

[00:21:18]But they don't get that back, so what would be the point of it?

[00:21:22]You think Wait. Okay. Wait. Wait. Wait.

[00:21:24]Wait. Wait. May not. Let's think.

[00:21:27]Do you think this is an individual or a company?

[00:21:32]A big asset manager? It's like, "Well, we can Maybe we can start this rigging of Bitcoin by burning Bitcoin, bringing down the price." I mean, oh, no, bringing not bringing it down the price.

[00:21:42]My apologies.

[00:21:43]Um how can I phrase it?

[00:21:45]Burning the Bitcoin so that then there's less Bitcoin, so the price goes up more dramatically when it's time to pump it?

[00:21:54]Are governments capable of that? Or or or are companies you think capable of that of that? Genuine question.

[00:22:00]Let's continue on here.

[00:22:01]So, total fees paid across all I don't care about the fees at all at all. Let's Come on, article writer. Let's get to the good stuff.

[00:22:09]Every transaction share lock time blocks. Okay. Well, at least this article is thorough. They're giving you all the information. Execution was synchronized to the second across all five wallets, according to Protos reporting, citing on-chain data. All right. And then they end the article.

[00:22:23]What No, wait. Wait. Wait. It's a story continues. Yahoo, why do you why do you do that?

[00:22:27]Yahoo, just show me the full article. I'm reading Why do I Why do I have to click show more?

[00:22:33]What is that about? Continue article.

[00:22:35]Just show me the entire article. Let me scroll until I stop.

[00:22:41]Let's continue. It is necessary to flag a uh epistemic status of several details here. Blockchain analytics firm AML Bot claimed some of the inputs carry historical associations with the defunct Mt. Gox exchange.

[00:22:53]Some of the some of the uh Wait.

[00:22:56]Some of the inputs carry historical associations. All right, but if Is that significant or not? If it's not significant, let's dismiss it, but let's continue. But explicitly did not identify the actual sender or link the move to Mount Gox estate or its trustee.

[00:23:09]Why would they do such a thing?

[00:23:11]I I don't understand that. Why would they do such a thing? How would that How would that benefit them if you're just saying it's associated with possibly possibly?

[00:23:20]Why would they do such a thing? How's that beneficial? As of this writing, no court filing, official trustee communication, or creditor notice has confirmed any Mount Gox connection.

[00:23:27]Wouldn't they have to render that unto someone else that value and not burn it forever?

[00:23:33]The motive I'm just I'm just asking questions. The motive which questions are the most powerful thing that people can utter.

[00:23:42]Questions lead to answers. You don't get answers without questions first.

[00:23:45]The motive, the operator's identity, and the precise trigger for the automated broadcast remain unverified. What the on-chain record does confirm unambiguously is the destruction itself.

[00:23:55]All right, so it they don't lead to any conclusion. That's the end of the article. Holy smokes. We jumped around a little bit. We didn't cover every little semantical detail.

[00:24:02]You let me know what you think about that. That's very strange. What I would think is perhaps a large company if this wasn't some sort of revenge thing going on and or somebody's just like, you know what?

[00:24:13]I'm going to destroy you and burn this Bitcoin. That does happen, especially when people are passionate.

[00:24:20]Right? Wild things can happen. I know their password and before you get that passion See, love a lot of times everything differs in degrees, but opposite ends of um How can I say this?

[00:24:33]Opposites can be reconciled. Love and hate, right? It's like they they differ in degree only, but they meet kind of kind of in the middle. There's this blurring of the two, right? So, sometimes when that love is there, you're like, "Oh, man, I'm going to tell somebody about my password Not somebody, but this one here that I love about my passwords. I'm going to share everything with you."

[00:24:53]And you do that.

[00:24:55]And later on, when it's not love, a lot of times, it become that love starts that polarity starts to change. It starts to taper off and it becomes hate.

[00:25:06]Now the other person like, I know the passwords. I know the passwords. You're treating me badly. Watch what I do.

[00:25:13]Click. Burn that Bitcoin. I mean I'm I'm just playing with ideas. Is it that or is it some company or maybe a government or something like that making sure that Bitcoin supply goes down or that value is locked. I don't know. Rigging it somehow?

[00:25:30]So, now that you have that information, what are you going to do with it? I know what I'm going to do with this. So, until next time everybody, let's get to the money.