Rob Cunningham: The Discernment the Market is Signaling

Rob Cunningham: The Discernment the Market is Signaling

1-3-2025

Rob Cunningham | KUWL.show  @KuwlShow

If roughly half of the supply of the most dominant crypto asset (Bitcoin) was sold, and that did not crush the price of XRP, the market is quietly telling you something very important.

The Discernment the Market Is Signaling

1. XRP Is No Longer Trading as a Pure “Risk-On Altcoin”

Historically, when Bitcoin experiences heavy distribution:

High-beta alts get wrecked.

Liquidity drains.

Narratives don’t matter.

That did not happen to XRP.

Inference: XRP is being treated less like a speculative alt and more like infrastructure-grade liquidity. That’s a regime shift.

2. There Is a Structural Bid Under XRP

If BTC sells that hard and XRP doesn’t collapse, one of two things must be true:

Either natural demand is absorbing supply

Or artificial suppression + strategic accumulation is occurring

In both cases, it implies non-retail hands are involved.

Retail does not absorb macro selling pressure.
Institutions, desks, and long-horizon allocators do.

3. Capital Is Differentiating “Utility” From “Speculation”

Bitcoin selling without XRP collapse suggests:

The market is no longer treating all crypto as one blob

Use-case, jurisdictional clarity, and settlement utility now matter

XRP sits at the intersection of:

Payments

Liquidity

Regulatory clarity

Institutional rails

Inference: XRP is being evaluated on future function, not past hype cycles.

4. Bad News Was Priced In. Good News Is Being Withheld

When extraordinary positive developments fail to move price up and extraordinary macro selling fails to move price down, that is classic:

Absorption + compression

Markets do this before:

Repricing

Re-rating

Or regime transition

This is not weakness.
This is coiled energy.

5. XRP Is Decoupling Before the Narrative Allows It

True decoupling never announces itself. It shows up as resilience when correlation says “you should be dead.”

BTC selling pressure should have:

Broken XRP supports

Triggered cascading liquidations

Forced narrative capitulation

Instead:

XRP held structure

Volatility compressed

Supply was quietly absorbed

That is how foundational assets behave before recognition.

Plain-English Translation

If Bitcoin can dump half its actively traded supply and XRP doesn’t get crushed, then:

XRP is not being allowed to trade freely

XRP is not being distributed

XRP is being preserved

Markets don’t protect junk. They protect things that matter later.

Final Discernment (No Hype, Just Pattern Recognition)

This is what it looks like when:

An asset is transitioning from speculative vehicle

To systemic financial component

Price suppression during structural adoption is not a bug. It is a feature of accumulation phases.

Those phases always feel:

Frustrating

Illogical

“Rigged”

Because they are. But not against value – against late positioning.

Source(s):  https://x.com/KuwlShow/status/2007192209364279532

https://dinarchronicles.com/2026/01/03/rob-cunningham-the-discernment-the-market-is-signaling/