I don't have any code reference sections to back my thought in addition to my own deduction. Well, okay, a general reference: Every foundation engineering book contains the percentage of straight cantilevered wall height movement required to develop active and passive pressures e.g.(>=.001H) is for active pressures: That is 1" of movement for every 12ft of length. "the ring is rotating a bit"... The ring will certainly not behave like a cantilever wall when its wall thickness is large when compared to its diameter and height; that makes it difficult to determine. Since the ring will behave more rigidly than the cantilevered wall, it will need to move more than 1" per wall length. Can you guarantee that?
Unless I am not understanding your specific loading, there are only two options. The wall isn't moving into the soil mass, right? My question is: is it worth the time to investigate whether the wall will move enough to develop active pressures? Also, if the soil being contained is very granular and self-consolidating, it will have a very hard time developing active pressures.
Maybe if there is an additional moment at the top of the wall (inducing a large and predicable movement), a soil with good arching action, and the right aspect ratio and wall thickness it will happen. Again, is it worth the research? If the research leads you to "I am not sure", was it still worth the effort?
Before you doing anything creative, make sure the code likes the artwork you are trying to wow the world with.