Series

CULT / OBEY: the data report

An on-chain data report covering information and topics surrounding CULT, OBEY, @Pheanor589, @xrphodler420, and more.

Published: October 7, 2026
Ledger index: 107416393

This series reads the XRP Ledger's own record of CULT and OBEY, up to ledger 107,416,393 (2026-10-04 01:26:11 UTC). It starts with the data itself, then explains the market, then looks at the two activation trees of accounts under the wallets known as Pheanor and Hodler — the accounts each named wallet created, and the accounts those created in turn — each on its own, then together. At that ledger the two activation trees, 43 accounts, hold 2,628.8489 of the 6,968.8587 CULT in existence (37.7%).

Every figure, table and chart is computed from the ledger. Every table can be sorted, filtered and downloaded. Every account and transaction is written in full, so any of it can be looked up on any public XRP Ledger explorer.

Start here

The data — The full tables behind the series, sortable, filterable and downloadable.
What the data covers — The span of the record, whose histories were read, and the rules the series follows.

A. The market

CULT and OBEY, from issue to now — Where the two tokens came from, how much exists, who holds it, where it trades, and what its price did.
Holders and LP providers by size — What the headline holder counts include: how many accounts hold nothing or dust, how few hold most of each token, and the same for each pool's LP tokens.
How CULT's price is made — The pool that sets the price, and which kinds of transaction moved it, by how much.
CULT price against liquidity — What CULT is marked at, against the XRP that could actually be paid for it.
How OBEY's price is made — The pool that sets OBEY's price, and which kinds of transaction moved it, by how much.
OBEY price against liquidity — What OBEY is marked at, against the XRP that could actually be paid for it.
The CULT reward program — Every payment the account labelled CULT reward program made: what, to whom, and when.
The CULT Treasury — Everything the account labelled CULT Treasury did: what it holds, where it came from, its LP tokens and what its pool actions did to the price.

B. Pheanor

Pheanor's activation tree: accounts — Every account in Pheanor's activation tree: what created it, when, how it was funded, and who can sign for it.
Pheanor's activation tree: CULT supply — How much CULT Pheanor's activation tree holds, how that grew, and where it came from.
Pheanor's activation tree: OBEY supply — How much OBEY Pheanor's activation tree holds, how that grew, and where it came from.
Pheanor and the CULT/XRP pool — Everything Pheanor's activation tree did in the CULT/XRP pool, and what each action did to the price.
Pheanor and the OBEY/XRP pool — Everything Pheanor's activation tree did in the OBEY/XRP pool, and what each action did to OBEY's price.
Pheanor's activation tree: in and out — The XRP that came and went, what the activation tree paid for its CULT and got for it, and what it could fetch.

C. Hodler

Hodler's activation tree: accounts — Every account in Hodler's activation tree: what created it, when, how it was funded, and who can sign for it.
Hodler's activation tree: CULT supply — How much CULT Hodler's activation tree holds, how that grew, and where it came from.
Hodler's activation tree: OBEY supply — How much OBEY Hodler's activation tree holds, how that grew, and where it came from.
Hodler and the CULT/XRP pool — Everything Hodler's activation tree did in the CULT/XRP pool, and what each action did to the price.
Hodler and the OBEY/XRP pool — Everything Hodler's activation tree did in the OBEY/XRP pool, and what each action did to OBEY's price.
Hodler's activation tree: in and out — The XRP that came and went, what the activation tree paid for its CULT and got for it, and what it could fetch.

D. Together

Where the two activation trees meet — Every place the record brings the two activation trees together: payments between them, accounts that paid each other, shared destination tags, and things their accounts did alike.
The CULT and OBEY token flow — Every account the two tokens' own payments connect to the activation trees, followed both ways until nothing new turns up, at several flow thresholds — each account counted once.
Connection profiles — Every account beyond the activation trees that any kind of record connects to them — token flow, XRP flow, creation, shared destination tags, shared behaviour — scored by how many independent kinds, the strongest first.
Sellers among flow-connected accounts — The flow-connected groups beyond the activation trees, what they hold, bought and sold, and the heavy sellers among them.
Combined supply — What the two activation trees hold between them, the least and the most of the supply connected to them, and their share of the market's trading.
Combined effect on the price — Whose transactions moved each pool's price — to the peak, since the peak, and over its whole life.
The money flow — Who is up and who is down, counted in XRP that actually moved, plus what is still held.
The other large holders — Every large holder outside the activation trees: where the token flow places it, what it moved with each activation tree, its family of accounts, and every recorded link to the activation trees or the token flow.
Costs and risks — What the two activation trees' own way of trading has cost them, and what it leaves them exposed to.
The whole picture, in plain words — The findings in one place: what the record shows, what the named wallets hold, what each activation tree did, and what that could and could not mean.

F. On X

Threads — The threads posted on X about this series, each with the articles its figures come from.

E. Account by account

Account files — One file for each account in the two activation trees: how it joins its activation tree, what it holds and did, who it paid, and every recorded link to the other activation tree.